Publications

Publications

Author: Eleni
Publish date: Wednesday, January 7, 2015 - 17:29

In this document we present a basic MUlti-country Macroeconomic Agent-Based Model (MU-MABM) based on a streamlined version of the MABM developed for CRISIS. We consider a simplified symmetric currency union in which two countries, A and B, interact through international trade. In each country firms may produce either internationally tradable goods (sector 1) or domestic […]

Link: http://www.crisis-economics.eu/publication/deliverable-d3-4-a-paper-on-development-of-mabm-mark-iii/
Author: Eleni
Publish date: Wednesday, January 7, 2015 - 17:24

The document contains a general guide on how to programlaboratory experiments using the PET software. Moreover, we present a learning to forecast experiment developed using the PET technology. D4 4

Link: http://www.crisis-economics.eu/publication/deliverable-d4-4-software-for-learning-to-forecast-experiments/
Author: Eleni
Publish date: Wednesday, January 7, 2015 - 17:22

In this deliverable we report on a large scale trading experiment which favours full investment in a risky asset. Without trading, the subjects would gain about 600%. Because of market impact, the higher their activity, the smaller the overall gain of the traders. On average, subjects traded so much that they achieved a meagre 0.75% […]

Link: http://www.crisis-economics.eu/publication/deliverable-d4-5-do-investors-trade-too-much-a-large-scale-laboratory-experiment/
Author: Eleni
Publish date: Wednesday, January 7, 2015 - 17:16

The document contains an explanation of the data contained in the attached zip file ‘D4.6 dataset.zip’. D4 6

Link: http://www.crisis-economics.eu/publication/deliverable-d4-6-experimental-data-set-of-individual-decision-rules-and-aggregate-behavior/
Author: Eleni
Publish date: Wednesday, January 7, 2015 - 16:58

In this deliverable, we use laboratory experiments to investigate the impact of a recent policy proposal to insulate the economy from the risk of falling in a liquidity trap caused by a binding zero lower bound constraint on the interest rate, namely the implementation of a higher inflation target (4%) during “normal times” (2%). We […]

Link: http://www.crisis-economics.eu/publication/deliverable-d4-3-the-case-for-a-4-inflation-target-an-experiment-with-policymakers/

Pages

Author: Lotzmann, U., Möhring, M., & Troitzsch, K. G.
Publish date: Sunday, March 29, 2015 - 16:15

Lotzmann, U., Möhring, M., & Troitzsch, K. G. (2012). Simulating the emergence of norms in different scenarios. ...

Author: Andrighetto, G.
Publish date: Sunday, March 29, 2015 - 16:11

Andrighetto, G., & Conte, R. (2012). Cognitive dynamics of norm compliance. From norm adoption to flexible automated conformity. ...

Author: Carlo Jaeger, Patrik Jansson, Sander van der Leeuw, Michael Resch, J. David Tàbara, Ralph DUM
Publish date: Monday, March 24, 2014 - 11:59

GSS provides evidence about global systems. This is essential to track, understand and shape how shocks propagate through the global economic system, or how the shift from “the West” towards South-East Asia and other areas may influence global institutional structures like the international monetary system. Producing evidence is equally important in view of other global systems, from the dynamics of social networks to the worldwide interdependence of cities.

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File: GSS synthesis paper.pdf
Author: Carlo C. Jaeger, Patrik Jansson, sander van der leeuw, Michael Resch, J. David Tàbara, Ralph Dum
Publish date: Monday, March 24, 2014 - 11:03

Global Systems Science develops know-how about global systems. Examples include the internet and the worldwide system of cities.. Global systems combine algorithmic machines with concepts taken from game theory and a sensitivity to narratives. Global Systems Science aims at developing systems, theories, languages and tools for computer-aided policy making. Natural targets include problems with potential global implications relating to humanity’s major current challenges. It also seeks to...

File: GSS orientation paper v3 (05-06-2013).pdf