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The Empirical Microstructure of Agent-Based Models: Recent Trends in the Interplay between ACE and Experimental Economics

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Part of the book series: Advances in Intelligent Systems and Computing ((AISC,volume 290))

Abstract

In this paper we discuss recent trends on the interplay between Experimental Economics and Agent-based Computational Economics (ACE). Experimental Economics proved useful in providing insights on human subjects’ decision-making as well as microeconomic data to estimate artificial agents. Agent-based Computations Economics allows for observing the aggregate outcome of artificial agents’ interactions and for replicating experiments at a larger scale.

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Correspondence to Paola D’Orazio .

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D’Orazio, P., Silvestri, M. (2014). The Empirical Microstructure of Agent-Based Models: Recent Trends in the Interplay between ACE and Experimental Economics. In: Omatu, S., Bersini, H., Corchado, J., Rodríguez, S., Pawlewski, P., Bucciarelli, E. (eds) Distributed Computing and Artificial Intelligence, 11th International Conference. Advances in Intelligent Systems and Computing, vol 290. Springer, Cham. https://doi.org/10.1007/978-3-319-07593-8_11

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  • DOI: https://doi.org/10.1007/978-3-319-07593-8_11

  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-07592-1

  • Online ISBN: 978-3-319-07593-8

  • eBook Packages: EngineeringEngineering (R0)

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