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The Monopolist's Market with Discrete Choices and Network Externality Revisited: Small-Worlds, Phase Transition and Avalanches in an ACE Framework

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  • Denis Phan
  • Stephane Pajot
  • Jean-Pierre Nadal

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Bibliographic Info

Paper provided by Society for Computational Economics in its series Computing in Economics and Finance 2003 with number 150.

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Date of creation: 01 Aug 2003
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Handle: RePEc:sce:scecf3:150

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Keywords: ACE; discrete choice; network structures; small-world; phase transition; avalanches;

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References

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  12. Rama Cont & Jean-Philippe Bouchaud, 1997. "Herd behavior and aggregate fluctuations in financial markets," Science & Finance (CFM) working paper archive 500028, Science & Finance, Capital Fund Management.
  13. Jean Pierre Nadal & Denis Phan & Mirta B. Gordan & Jean Vannimenus, 2003. "Monopoly Market with Externality: an Analysis with Statistical Physics and ACE," Computational Economics 0312002, EconWPA.
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  23. Leigh Tesfatsion, 2000. "Agent-Based Computational Economics: A Brief Guide to the Literature," Computational Economics 0004001, EconWPA.
  24. Cont, Rama & Bouchaud, Jean-Philipe, 2000. "Herd Behavior And Aggregate Fluctuations In Financial Markets," Macroeconomic Dynamics, Cambridge University Press, vol. 4(02), pages 170-196, June.
  25. Bulow, Jeremy I & Geanakoplos, John D & Klemperer, Paul D, 1985. "Multimarket Oligopoly: Strategic Substitutes and Complements," Journal of Political Economy, University of Chicago Press, vol. 93(3), pages 488-511, June.
  26. Arthur, W Brian, 1991. "Designing Economic Agents that Act Like Human Agents: A Behavioral Approach to Bounded Rationality," American Economic Review, American Economic Association, vol. 81(2), pages 353-59, May.
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  28. Topol, Richard, 1991. "Bubbles and Volatility of Stock Prices: Effect of Mimetic Contagion," Economic Journal, Royal Economic Society, vol. 101(407), pages 786-800, July.
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  30. Sushil Bikhchandani & David Hirshleifer & Ivo Welch, 2010. "A theory of Fads, Fashion, Custom and cultural change as informational Cascades," Levine's Working Paper Archive 1193, David K. Levine.
  31. Tesfatsion, Leigh, 2001. "Agent-Based Computational Economics: A Guide to the Literature," Staff General Research Papers 1974, Iowa State University, Department of Economics.
  32. Lane, David A, 1993. "Artificial Worlds and Economics, Part I," Journal of Evolutionary Economics, Springer, vol. 3(2), pages 89-107, May.
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Citations

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Cited by:
  1. Jean Pierre Nadal & Denis Phan & Mirta B. Gordan & Jean Vannimenus, 2003. "Monopoly Market with Externality: an Analysis with Statistical Physics and ACE," Computational Economics 0312002, EconWPA.
  2. Jean-Pierre Nadal & Denis Phan & Mirta B. Gordon & Jean Vannimenus, 2003. "Monopoly Market with Externality: an Analysis with Statistical Physics and Agent Based Computational Economics," Papers cond-mat/0311096, arXiv.org.
  3. Jean-Pierre Nadal & Denis Phan & Mirta Gordon & Jean Vannimenus, 2005. "Multiple equilibria in a monopoly market with heterogeneous agents and externalities," Quantitative Finance, Taylor and Francis Journals, vol. 5(6), pages 557-568.

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