Agent-based models of economic interactions

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Abstract

The interdisciplinary field of econophysics has enjoyed recently a surge of activities especially with numerous agent-based models, which have led to a substantial development of this field. We review three main application areas of agentbased models in econophysics: order books, distributions of wealth in conservative economies, and minority games.4

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Chakraborti, A., & Germano, G. (2010). Agent-based models of economic interactions. In Modeling and Simulation in Science, Engineering and Technology (Vol. 51, pp. 3–29). Springer Basel. https://doi.org/10.1007/978-0-8176-4946-3_1

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