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Advanced Computational Modeling of Social Systems. Lars-Erik Cederman and Luc Girardin Center for Comparative and International Studies (CIS) Swiss Federal Institute of Technology Zurich (ETH) http://www.icr.ethz.ch/teaching/compmodels. 07.06.2005 III 14.06.2005 III 21.06.2005 III
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Advanced Computational Modelingof Social Systems Lars-Erik Cederman and Luc Girardin Center for Comparative and International Studies (CIS) Swiss Federal Institute of Technology Zurich (ETH) http://www.icr.ethz.ch/teaching/compmodels
07.06.2005 III 14.06.2005 III 21.06.2005 III 28.06.2005 II Nicolas Bürkler (4) Thomas Fent Stephan Gammeter (2) Jean-Luc Geering (1) Jeremy Hackney (2) Lutz Krebs (4) Benjamin Lutz (1) Charles Mitchell (3) Gloria Müller (3) Carsten Murawski (1) Jonas Nart (3) Nils Weidmann (2) Presentations
Positive feedback • Brian W. Arthur: “Positive feedbacks in the economy” Scientific American (Feb. 1990)
Artificial Economies • Epstein & Axtell 1996. Growing Artificial Societies. MIT Press. Epstein & Axtell
The Santa Fe Artificial Stock • Simplistic stock market simulation • Isolates learning speed of traders as critical parameter • N traders • 1 unit risky stock, 20 000 units cash • Each trader seeks to buy or sell stock based on expectations of profit • Only one ‘stock’ in market • Genetic algorithm used for rule evolution • -> Faster learners exploit slower learners
The Trade Network Game (TNG) • Evolution of trade networks among strategically interacting traders • Buyers, sellers, dealers • Traders instantiated as “tradebots” • Communication between tradebots to determine their trade partners • Tradebots evolve trade strategies