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Modeling Firms Financial Behavior in an Evolving Economy by Using Artificial Intelligence

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Highlights on Practical Applications of Agents and Multi-Agent Systems

Part of the book series: Advances in Intelligent and Soft Computing ((AINSC,volume 156))

Abstract

In this paper we investigate the dynamic behavior of firms capital structure. Differently from a number of existing studies, our aim is to tackle the issue by combining two approaches: experimental and computational economics. The main goal of this paper is in fact to build an artificial agent whose behavior mimics that of experimental agents. The paper shows how the heuristic approach could provide for a valid alternative micro-foundation for the financial decisions of entrepreneurs.

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Author information

Authors and Affiliations

  1. Department of Quantitative Methods and Economic Theory, UNICH, Viale Pindaro 42, 65127, Pescara, Italy

    Gianfranco Giulioni, Edgardo Bucciarelli & Marcello Silvestri

Authors
  1. Gianfranco Giulioni
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  2. Edgardo Bucciarelli
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  3. Marcello Silvestri
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Corresponding author

Correspondence to Gianfranco Giulioni .

Editor information

Editors and Affiliations

  1. Escuela Universitaria de Informática, Universidad Pontificia de Salamanca, Compañía 5, Salamanca, 37002, Spain

    Javier Bajo Pérez

  2. , Facultad de Informática, Universidad Pontificia de Salamanca, Compañía 5, Salamanca, 37002, Spain

    Miguel A. Sánchez

  3. Technologies de Lille, LIFL UMR CNRS 8022, Université des Sciences et, Bâtiment M3 (extension), Villeneuve d’Ascq, 59655, France

    Philippe Mathieu

  4. Faculty of Science, Department of Computing Science, University of Salamanca, Plaza de la Merced S/N, Salamanca, 37008, Spain

    Juan M. Corchado Rodríguez

  5. , LAMIH (UMR CNRS 8530), Universite de Valenciennes, Le Mont Houy, Valenciennes, 59313, France

    Emmanuel Adam

  6. , Departamento de Ingeniería, Ciudad Universitaria de Cantoblanco, Madrid, 28049, Spain

    Alfonso Ortega

  7. Universidad de Salamanca, Plaza de la Merced S/N, Salamanca, 37008, Spain

    María N. Moreno

  8. , Departamento de Informática, University of Castilla-La Mancha, Campus Universitario s/n, Albacete, 02071, Spain

    Elena Navarro

  9. EBTIC, Khalifa University, Abu Dhabi Campus, Abu Dhabi, Utd.Arab.Emir.

    Benjamin Hirsch

  10. , Departamento de Engenharia Informática, Universidade do Porto, Rua Dr. Roberto Frias, s/n, Porto, 4200-465, Portugal

    Henrique Lopes-Cardoso

  11. Universidad Politécnica de Valencia, Camino de Vera s/n, Valencia, 46022, Spain

    Vicente Julián

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© 2012 Springer-Verlag Berlin Heidelberg

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Giulioni, G., Bucciarelli, E., Silvestri, M. (2012). Modeling Firms Financial Behavior in an Evolving Economy by Using Artificial Intelligence. In: Pérez, J., et al. Highlights on Practical Applications of Agents and Multi-Agent Systems. Advances in Intelligent and Soft Computing, vol 156. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-28762-6_40

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  • DOI: https://doi.org/10.1007/978-3-642-28762-6_40

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-28761-9

  • Online ISBN: 978-3-642-28762-6

  • eBook Packages: EngineeringEngineering (R0)

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