Agent-based double-auction simulations of multi-good traders require explicit time preference for stable prices, generate algebraic-tailed fluctuations, and produce damped or undamped oscillations once inflation expectations are added.
Hildenbrand, ‘Random preferences and equilibrium analysis’, Journal of Economic Theory,3pp414-429 (1971)
1 Pith paper cite this work. Polarity classification is still indexing.
1
Pith paper citing it
fields
physics.soc-ph 1years
2026 1verdicts
UNVERDICTED 1representative citing papers
citing papers explorer
-
Ab initio simulation of market dynamics
Agent-based double-auction simulations of multi-good traders require explicit time preference for stable prices, generate algebraic-tailed fluctuations, and produce damped or undamped oscillations once inflation expectations are added.