66 citations
2 papers
physics.soc-ph2006★ 66 cited
Waiting times between orders and trades in double-auction markets
Enrico Scalas, Taisei Kaizoji, Michael Kirchler +2
In this paper, the survival function of waiting times between orders and the corresponding trades in a double-auction market is studied both by means of experiments and of empirica…
physics.soc-ph2006★ 8 cited
Growth and Allocation of Resources in Economics: The Agent-Based Approach
Enrico Scalas, Mauro Gallegati, Eric Guerci +2
Some agent-based models for growth and allocation of resources are described. The first class considered consists of conservative models, where the number of agents and the size of…