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Displaying 10 of 367 results for "Noé Guiraud" clear search
This paper investigates the impact of agents' trading decisions on market liquidity and transactional efficiency in markets for illiquid (hard-to-trade) assets. Drawing on a unique order book dataset from the fine wine exchange Liv-ex, we offer novel insights into liquidity dynamics in illiquid markets. Using an agent-based framework, we assess the adequacy of conventional liquidity measures in capturing market liquidity and transactional efficiency. Our main findings reveal that conventional liquidity measures, such as the number of bids, asks, new bids and new asks, may not accurately represent overall transactional efficiency. Instead, volume (measured by the number of trades) and relative spread measures may be more appropriate indicators of liquidity within the context of illiquid markets. Furthermore, our simulations demonstrate that a greater number of traders participating in the market correlates with an increased efficiency in trade execution, while wider trader-set margins may decrease the transactional efficiency. Interestingly, the trading period of the agents appears to have a significant impact on trade execution. This suggests that granting market participants additional time for trading (for example, through the support of automated trading systems) can enhance transactional efficiency within illiquid markets. These insights offer practical implications for market participants and policymakers aiming to optimise market functioning and liquidity.
I model a forest and a community of loggers. Agents follow different kinds of rules in order to log. I compare the impact of endogenous and of exogenous institutions on the state of the forest and on the profit of the users, representing different scenarios of participatory conservation projects.
Signaling chains are a special case of Lewis’ signaling games on networks. In a signaling chain, a sender tries to send a single unit of information to a receiver through a chain of players that do not share a common signaling system.
This work aims at describing and simulating the (social) game around the production of potato seeds in Venezuela. It shows the effect of the identification of some actors with the production of native potato seeds (e.g., Venezuelan State´s low ident)
The TERROIR agent-based model was built for the multi-level analysis of biomass and nutrient flows within agro-sylvo-pastoral villages in West Africa. It explicitly takes into account both human organization and spatial extension of such flows.
A model to investigate the Evolution of Conditional Cooperation in a Spatial Public Goods Game. We consider two conditional cooperation strategies: one based on thresholds (Battu & Srinivasan, 2020) and another based on independent decisions for each number of cooperating neighbors. We examine the effects of productivity and conditional cooperation criteria on the trajectory of cooperation. Cooperation is evolving with no need for additional mechanisms apart from spatial structure when agents follow conditional strategies. We confirm the positive influence of productivity and cluster formation on the evolution of cooperation in spatial models. Results are robust for the two types of conditional cooperation strategies.
This MAS simulates the traffic of Barcelona Eixample. Uses a centralized AI system in order to control the traffic lights. Car agents are reactive and have no awareness of the intelligence of the system. They (try to) avoid collisions.
FlowLogo integrates agent-based and groundwater flow simulation. It aims to simplify the process of developing participatory ABMs in the groundwater space and begin the exploration of novel, bottom-up solutions to conflicts in shared aquifers.
This model explores different aspects of the formation of urban neighbourhoods where residents believe in values distant from those dominant in society. Or, at least, this is what the Danish government beliefs when they discuss their politics about parallel societies. This simulation is set to understand (a) whether these alternative values areas form and what determines their formation, (b) if they are linked to low or no income residents, and (c) what happens if they disappear from the map. All these three points are part of the Danish government policy. This agent-based model is set to understand the boundaries and effects of this policy.
Using nodes from the 2002 General Social Survey sample, the code establishes a network of ties with a given homophily bias, and simulates Internet adoption rates in that network under three conditions: (i) no network externalities, (ii) general network externalities, where an individual’s reservation price is a function of the overall adoption rate in the network, (iii) specific network externalities, where reservation price is a function of the adoption rate in individual’s personal […]
Displaying 10 of 367 results for "Noé Guiraud" clear search