202 citations · 393 across the 11 of their papers we have counts for
3 papers · 1 filter
The value of information in a multi-agent market model
Bence Toth, Enrico Scalas, Juergen Huber +1
We present an experimental and simulated model of a multi-agent stock market driven by a double auction order matching mechanism. Studying the effect of cumulative information on t…
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…
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…