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A Perspective on the Future of the Smallest Big Project in the World

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Realistic Simulation of Financial Markets

Part of the book series: Evolutionary Economics and Social Complexity Science ((EESCS,volume 4))

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Abstract

This chapter gives my personal view of a perspective of U-Mart: the smallest big project in the world. So far, we have included many people to U-Mart project and got fruitful results through the collaborative interdisciplinary research. Considering the results, the objective of the chapter is to give a future perspective on U-Mart and related agent-based modeling and simulation projects. Thus, first, we start the discussions on the characteristics of a big project and why we consider U-Mart as a big project; second, I explain unique features of agent-based simulation on social and economic complex systems; third, we give a future perspective on the roles of agent-based modeling and simulation studies; and finally, concluding remarks will follow.

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References

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Author information

Authors and Affiliations

  1. Tokyo Institute of Technology, 4259 – J2-52 Nagatsuda-Cho, Midori-ku, Yokohama, 226-8502, Japan

    Takao Terano

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  1. Takao Terano
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Correspondence to Takao Terano .

Editor information

Editors and Affiliations

  1. Institute for Liberal Arts and Sciences, Kyoto University Institute, Kyoto, Kyoto, Japan

    Hajime Kita

  2. Faculty of Economics, Kindai University, Osaka, Japan

    Kazuhisa Taniguchi

  3. Graduate School of Economics, Osaka City University, Osaka, Japan

    Yoshihiro Nakajima

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Terano, T. (2016). A Perspective on the Future of the Smallest Big Project in the World. In: Kita, H., Taniguchi, K., Nakajima, Y. (eds) Realistic Simulation of Financial Markets. Evolutionary Economics and Social Complexity Science, vol 4. Springer, Tokyo. https://doi.org/10.1007/978-4-431-55057-0_4

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