Piazzale Martelli, 8 - 60121 Ancona, Italy
Aims
Recently there has been a growing interest in finding
alternative
microfoundations for aggregate behavior. The standard use of
representative agent models as a basis for macroeconomics has been
increasingly criticized. Despite the fact that it provides a vehicle
for elegant technical analysis and uses a widely accepted model of
individual behavior, it is not theoretically justified nor does it
stand up to tests on empirical data. Therefore, the need to go beyond
the representative agent model has generated a considerable literature.
Efforts are being made to create models that are both mathematically
tractable and empirically satisfactory. In such models, the link
between individual and aggregate behavior is much more complicated than
is traditionally the case in macroeconomic theory. But, it is precisely
this that makes such models interesting and important.
The 16th Workshop on Economics and Heterogeneous Interacting Agents
offers an opportunity to present the latest research on various aspects
of the economy as a complex system made up of multiple heterogeneous
interacting agents. Research from various domains – networks,
complexity, statistical mechanics, thermodynamics, learning, the theory
of self-organizing systems can all be helpful in developing more
satisfactory approaches to (macro)econometrics and (macro)economic
theory.
Topics
Workshop topics will cover research in all areas related to
models of interacting agents. These include:
• Emergent Macroeconomics
• Econophysics
• Experimental Economics
• Aggregation of Heterogeneous agents
• Financial Fragility Models
• DSGE Models with Heterogeneous Agents
• Bounded Rationality
• Interacting Particle Systems and Economics
• Percolation Theory and Economics
• Learning in Economics
• Evolutionary Game Theory
• Computational Methods in Economics and Finance
• Market Structure and its Emergence
• Spatial agent models and urban complex adaptive system
• Economic Development, Technological Change and Growth
• Economic Networks (e.g., supply, credit and innovation networks)
Papers presenting analysis of empirical data are particularly welcome.
Important Dates
- - Deadline for abstracts submission - February 28, 2011 (Extended to March 21, 2011)
- - Notify abstract acceptance - March 31, 2011
- - Deadline for Registration - April 30, 2011
Organizers
- - Stefania Vitali
- - Annick Vignes
- - Gabriele Tedeschi
- - Mauro Gallegati
- - Luca Riccetti
- - Ruggero Grilli
- - Leonardo Bargigli