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Using U-Mart System for the lecture of economics

  • Yuhsuke Koyama
  • Ko Ishiyama
  • Hiroyuki Kaneko
  • Isao Ono
  • Hiroyuki Matsui
Conference paper
Part of the Agent-Based Social Systems book series (ABSS, volume 3)

Abstract

We report the result of lectures using U-Mart which was held held at Chiba Institute of Technology, February 28 –March 2, 2005. We verified that without the orders from machine agents, orders from 150 students have enough variety to determine the market price. However, it is necessary to overcome various problems, especially incentive problems, to use data from lecture for research.

Key words

U-Mart Gaming Simulation Artificial Market education 

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Copyright information

© Springer 2007

Authors and Affiliations

  • Yuhsuke Koyama
    • 1
  • Ko Ishiyama
    • 1
  • Hiroyuki Kaneko
    • 2
  • Isao Ono
    • 1
  • Hiroyuki Matsui
    • 3
  1. 1.Interdisciplinary Graduate School of Science and EngineeringTokyo Institute of TechnologyMidoriJapan
  2. 2.Graduate School of Social Systems ScienceChiba Institute of TechnologyChibaJapan
  3. 3.Graduate School of EconomicsKyoto UniversitySakyo-kuJapan

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