Heterogeneous Agent Modeling: Experimental Evidence

作者: Jasmina Arifovic , John Duffy

DOI: 10.1016/BS.HESCOM.2018.04.002

关键词: Management scienceRational agentIdeal (set theory)HeuristicComputer scienceExperimental data

摘要: Abstract We report on experimental evidence rationalizing the use of heterogeneous agent models. provide compelling that subjects in laboratory experiments often behave ways depart from rational choice ideal. Further, these subjects' heuristic approaches differ one another distinct, classifiable ways. It follows models heterogeneous, boundedly agents can deliver predictions are a better fit to data at both micro- and macro-levels analysis than rational-choice, single-actor Our focus this chapter is studies developed address questions macroeconomics finance.

参考文章(108)
D. Krueger, K. Mitman, F. Perri, Macroeconomics and Household Heterogeneity Handbook of Macroeconomics. ,vol. 2, pp. 843- 921 ,(2016) , 10.1016/BS.HESMAC.2016.04.003
Cars Hommes, Tomasz Makarewicz, Domenico Massaro, Tom Smits, Genetic Algorithm Learning in a New Keynesian Macroeconomic Setup Journal of Evolutionary Economics. ,vol. 27, pp. 1133- 1155 ,(2017) , 10.1007/S00191-017-0511-Y
Yukihiko Funaki, Ryuichiro Ishikawa, Eizo Akiyama, Nobuyuki Hanaki, Diversity in Cognitive Ability Enlarges Mispricing in Experimental Asset Markets Research Papers in Economics. ,(2017)
Syngjoo Choi, Edoardo Gallo, Brian Wallace, Financial Contagion in Networks: A Market Experiment SSRN Electronic Journal. ,(2017) , 10.2139/SSRN.2995918
Jasmina Arifovic, John Duffy, Janet Hua Jiang, Adoption of a New Payment Method: Theory and Experimental Evidence Research Papers in Economics. ,(2017)
Kristen B. Cooper, Henry S. Schneider, Michael Waldman, Limited rationality and the strategic environment: Further theory and experimental evidence Games and Economic Behavior. ,vol. 106, pp. 188- 208 ,(2017) , 10.1016/J.GEB.2017.09.014
William A. Branch, Bruce McGough, Heterogeneous Expectations and Micro-Foundations in Macroeconomics Elsevier. ,vol. 4, pp. 3- 62 ,(2018) , 10.1016/BS.HESCOM.2018.03.001
Felix Mauersberger, Rosemarie Nagel, Levels of Reasoning in Keynesian Beauty Contests: A Generative Framework Elsevier. ,vol. 4, pp. 541- 634 ,(2018) , 10.1016/BS.HESCOM.2018.05.002
Goldberg, William Shakespeare, Genetic Algorithms ,(2008)