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2016 | 129 | 5 | 1032-1037
Article title

Agent-Based Modelling of a Commodity Market Dynamics

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EN
Abstracts
EN
A modification of Yasutomi's agent-based model of the commodity market is investigated. It is argued that introduced modification of the microscopic exchange rules allows for emergence of commodity exchange rates in the model. Moreover, the model scaling due to finite size effects is considered and some practical implications of such scaling are discussed.
Keywords
EN
Contributors
  • Institute of Physics, Cracow University of Technology, Podchorążych 1, 30-084 Kraków, Poland
author
  • Complex Systems Theory Department, The Henryk Niewodniczański Institute of Nuclear Physics, Polish Academy of Sciences, E. Radzikowskiego 152, 31-342 Kraków, Poland
author
  • Complex Systems Theory Department, The Henryk Niewodniczański Institute of Nuclear Physics, Polish Academy of Sciences, E. Radzikowskiego 152, 31-342 Kraków, Poland
  • Complex Systems Theory Department, The Henryk Niewodniczański Institute of Nuclear Physics, Polish Academy of Sciences, E. Radzikowskiego 152, 31-342 Kraków, Poland
References
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Document Type
Publication order reference
Identifiers
YADDA identifier
bwmeta1.element.bwnjournal-article-appv129n525kz
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