IDEAS home Printed from https://ideas.repec.org/a/jas/jasssj/2008-33-2.html
   My bibliography  Save this article

Industrial Dynamics and Financial Markets

Author

Abstract

Financial markets mirror the evolution of real economic industries as much as they influence them reciprocally. In this paper we show an approach how to connect both. We will focus on the impact of industrial dynamics on financial markets. Real economic sectors as well as financial markets will be modelled using agent-based modelling techniques. Boundedly rational agents build up the endogenous evolution of an entrepreneurially driven industry, thereby substantiating the role of knowledge diffusion. Boundedly rational investors in the financial market learn about new industries and trade the corresponding shares. The complete model will be set up as a modular system which will allow investigating various scenarios.

Suggested Citation

  • Thomas Grebel & Esther Merey, 2009. "Industrial Dynamics and Financial Markets," Journal of Artificial Societies and Social Simulation, Journal of Artificial Societies and Social Simulation, vol. 12(1), pages 1-12.
  • Handle: RePEc:jas:jasssj:2008-33-2
    as

    Download full text from publisher

    File URL: http://jasss.soc.surrey.ac.uk/12/1/12.html
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jas:jasssj:2008-33-2. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Francesco Renzini (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.