Role of Intensive and Extensive Variables in a Soup of Firms in Economy to Address Long Run Prices and Aggregate Data
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Hosseiny, Ali & Gallegati, Mauro, 2017. "Role of intensive and extensive variables in a soup of firms in economy to address long run prices and aggregate data," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 470(C), pages 51-59.
References listed on IDEAS
- Anirban Chakraborti & Damien Challet & Arnab Chatterjee & Matteo Marsili & Yi-Cheng Zhang & Bikas K. Chakrabarti, 2013.
"Statistical Mechanics of Competitive Resource Allocation using Agent-based Models,"
Papers
1305.2121, arXiv.org, revised Sep 2014.
- Anirban Chakraborti & Damien Challet & Arnab Chatterjee & Matteo Marsili & Yi-Cheng Zhang & Bikas K. Chakrabarti, 2015. "Statistical mechanics of competitive resource allocation using agent-based models," Post-Print hal-00834380, HAL.
- Ruggero Grilli & Gabriele Tedeschi & Mauro Gallegati, 2015.
"Markets connectivity and financial contagion,"
Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 10(2), pages 287-304, October.
- Ruggero GRILLI & Gabriele TEDESCHI & Mauro GALLEGATI, 2012. "Markets connectivity and financial contagion," Working Papers 382, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
- Battiston, Stefano & Delli Gatti, Domenico & Gallegati, Mauro & Greenwald, Bruce & Stiglitz, Joseph E., 2012.
"Liaisons dangereuses: Increasing connectivity, risk sharing, and systemic risk,"
Journal of Economic Dynamics and Control, Elsevier, vol. 36(8), pages 1121-1141.
- Stefano Battiston & Domenico Delli Gatti & Mauro Gallegati & Bruce C. Greenwald & Joseph E. Stiglitz, 2009. "Liaisons Dangereuses: Increasing Connectivity, Risk Sharing, and Systemic Risk," NBER Working Papers 15611, National Bureau of Economic Research, Inc.
- Scalas, Enrico & Gorenflo, Rudolf & Mainardi, Francesco, 2000.
"Fractional calculus and continuous-time finance,"
Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 284(1), pages 376-384.
- Enrico Scalas & Rudolf Gorenflo & Francesco Mainardi, 2000. "Fractional calculus and continuous-time finance," Papers cond-mat/0001120, arXiv.org.
- Enrico Scalas & Rudolf Gorenflo & Francesco Mainardi, 2004. "Fractional calculus and continuous-time finance," Finance 0411007, University Library of Munich, Germany.
- Adrian Dragulescu & Victor M. Yakovenko, 2000. "Statistical mechanics of money," Papers cond-mat/0001432, arXiv.org, revised Aug 2000.
- Arthur, W Brian, 1994. "Inductive Reasoning and Bounded Rationality," American Economic Review, American Economic Association, vol. 84(2), pages 406-411, May.
- Joseph E. Stiglitz, 1989. "Markets and Development," NBER Working Papers 2961, National Bureau of Economic Research, Inc.
- Iacopo Mastromatteo & Bence Toth & Jean-Philippe Bouchaud, 2013. "Agent-based models for latent liquidity and concave price impact," Papers 1311.6262, arXiv.org, revised Dec 2014.
- Solow, Robert M, 1970. "On the Rate of Return: Reply to Pasinetti," Economic Journal, Royal Economic Society, vol. 80(318), pages 423-428, June.
- L. Rachel Ngai & Christopher A. Pissarides, 2007.
"Structural Change in a Multisector Model of Growth,"
American Economic Review, American Economic Association, vol. 97(1), pages 429-443, March.
- Ngai, L. Rachel & Pissarides, Christopher, 2004. "Structural change in a multi-sector model of growth," LSE Research Online Documents on Economics 3550, London School of Economics and Political Science, LSE Library.
- Pissarides, Christopher & Ngai, Liwa Rachel, 2004. "Structural Change in a Multi-Sector Model of Growth," CEPR Discussion Papers 4763, C.E.P.R. Discussion Papers.
- Ngai, L. Rachel & Pissarides, Christopher A., 2005. "Structural Change in a Multi-Sector Model of Growth," IZA Discussion Papers 1800, Institute of Labor Economics (IZA).
- Ngai, L. Rachel & Pissarides, Christopher, 2005. "Structural change in a multi-sector model of growth," LSE Research Online Documents on Economics 4656, London School of Economics and Political Science, LSE Library.
- Ngai, L. Rachel & Pissarides, Christopher, 2007. "Structural change in a multi-sector model of growth," LSE Research Online Documents on Economics 4468, London School of Economics and Political Science, LSE Library.
- Aoyama,Hideaki & Fujiwara,Yoshi & Ikeda,Yuichi & Iyetomi,Hiroshi & Souma,Wataru Preface by-Name:Yoshikawa,Hiroshi, 2010. "Econophysics and Companies," Cambridge Books, Cambridge University Press, number 9780521191494, September.
- Ali Hosseiny & Mohammad Bahrami & Antonio Palestrini & Mauro Gallegati, 2016.
"Metastable Features of Economic Networks and Responses to Exogenous Shocks,"
PLOS ONE, Public Library of Science, vol. 11(10), pages 1-22, October.
- Ali Hosseiny & Mohammad Bahrami & Antonio Palestrini & Mauro Gallegati, 2016. "Metastable Features of Economic Networks and Responses to Exogenous Shocks," Papers 1608.00275, arXiv.org.
- Spiros Bougheas & Alan Kirman, 2015.
"Complex Financial Networks and Systemic Risk: A Review,"
Dynamic Modeling and Econometrics in Economics and Finance, in: Pasquale Commendatore & Saime Kayam & Ingrid Kubin (ed.), Complexity and Geographical Economics, edition 127, pages 115-139,
Springer.
- Spiros Bougheas & Alan P. Kirman, 2014. "Complex Financial Networks and Systemic Risk: A Review," CESifo Working Paper Series 4756, CESifo.
- Spiros Bougheas & Alan Kirman, 2015. "Complex Financial Networks and Systemic Risk: A Review," Post-Print hal-01505785, HAL.
- Spiros Bougheas & Alan Kirman, 2014. "Complex Financial Networks and Systemic Risk: A Review," Discussion Papers 2014/04, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM).
- Charles I. Jones, 2005.
"The Shape of Production Functions and the Direction of Technical Change,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 120(2), pages 517-549.
- Charles I. Jones, 2004. "The Shape of Production Function and the Direction of Technical Change," NBER Working Papers 10457, National Bureau of Economic Research, Inc.
- Di Matteo, T. & Aste, T. & Mantegna, R.N., 2004.
"An interest rates cluster analysis,"
Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 339(1), pages 181-188.
- T. Di Matteo & T. Aste & R. N. Mantegna, 2004. "An interest rates cluster analysis," Papers cond-mat/0401443, arXiv.org.
- Mainardi, Francesco & Raberto, Marco & Gorenflo, Rudolf & Scalas, Enrico, 2000.
"Fractional calculus and continuous-time finance II: the waiting-time distribution,"
Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 287(3), pages 468-481.
- Francesco Mainardi & Marco Raberto & Rudolf Gorenflo & Enrico Scalas, 2000. "Fractional calculus and continuous-time finance II: the waiting-time distribution," Papers cond-mat/0006454, arXiv.org, revised Nov 2000.
- Francesco Mainardi & Marco Raberto & Rudolf Gorenflo & Enrico Scalas, 2004. "Fractional calculus and continuous-time finance II: the waiting- time distribution," Finance 0411008, University Library of Munich, Germany.
- Gatti, Domenico Delli & Guilmi, Corrado Di & Gaffeo, Edoardo & Giulioni, Gianfranco & Gallegati, Mauro & Palestrini, Antonio, 2005. "A new approach to business fluctuations: heterogeneous interacting agents, scaling laws and financial fragility," Journal of Economic Behavior & Organization, Elsevier, vol. 56(4), pages 489-512, April.
- Xin Zhang & Ling Feng & Rongqian Zhu & H. Stanley, 2015. "Applying temporal network analysis to the venture capital market," The European Physical Journal B: Condensed Matter and Complex Systems, Springer;EDP Sciences, vol. 88(10), pages 1-7, October.
- Avi J. Cohen, 2003. "Retrospectives: Whatever Happened to the Cambridge Capital Theory Controversies?," Journal of Economic Perspectives, American Economic Association, vol. 17(1), pages 199-214, Winter.
- Eom, Cheoljun & Choi, Sunghoon & Oh, Gabjin & Jung, Woo-Sung, 2008. "Hurst exponent and prediction based on weak-form efficient market hypothesis of stock markets," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 387(18), pages 4630-4636.
- W. Brian Arthur, 1994. "Inductive Reasoning, Bounded Rationality and the Bar Problem," Working Papers 94-03-014, Santa Fe Institute.
- Mas-Colell, Andreu & Whinston, Michael D. & Green, Jerry R., 1995. "Microeconomic Theory," OUP Catalogue, Oxford University Press, number 9780195102680.
- Paul A. Samuelson, 1966. "A Summing Up," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 80(4), pages 568-583.
- Catullo, Ermanno & Gallegati, Mauro & Palestrini, Antonio, 2015. "Towards a credit network based early warning indicator for crises," Journal of Economic Dynamics and Control, Elsevier, vol. 50(C), pages 78-97.
- Hideaki Aoyama & Yoshi Fujiwara & Mauro Gallegati, 2015.
"Micro-macro relation of production: double scaling law for statistical physics of economy,"
Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 10(1), pages 67-78, April.
- Hideaki Aoyama & Yoshi Fujiwara & Mauro Gallegati, 2010. "Micro-Macro Relation of Production - The Double Scaling Law for Statistical Physics of Economy -," Papers 1003.2321, arXiv.org.
- Nekovee, M. & Moreno, Y. & Bianconi, G. & Marsili, M., 2007. "Theory of rumour spreading in complex social networks," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 374(1), pages 457-470.
- Anirban Chakraborti & Damien Challet & Arnab Chatterjee & Matteo Marsili & Yi-Cheng Zhang & Bikas K. Chakrabarti, 2013.
"Statistical Mechanics of Competitive Resource Allocation using Agent-based Models,"
Papers
1305.2121, arXiv.org, revised Sep 2014.
- Anirban Chakraborti & Damien Challet, 2015. "Statistical mechanics of competitive resource allocation using agent-based models," Post-Print hal-01340039, HAL.
- Anirban Chakraborti & Damien Challet & Arnab Chatterjee & Matteo Marsili & Yi-Cheng Zhang & Bikas K. Chakrabarti, 2015. "Statistical mechanics of competitive resource allocation using agent-based models," Post-Print hal-00834380, HAL.
- Stiglitz, Joseph E, 1989. "Markets, Market Failures, and Development," American Economic Review, American Economic Association, vol. 79(2), pages 197-203, May.
- J.-P. Onnela & K. Kaski & J. Kertész, 2004. "Clustering and information in correlation based financial networks," The European Physical Journal B: Condensed Matter and Complex Systems, Springer;EDP Sciences, vol. 38(2), pages 353-362, March.
- Safdari, H. & Hosseiny, A. & Vasheghani Farahani, S. & Jafari, G.R., 2016. "A picture for the coupling of unemployment and inflation," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 444(C), pages 744-750.
- Taha Yasseri & Robert Sumi & András Rung & András Kornai & János Kertész, 2012. "Dynamics of Conflicts in Wikipedia," PLOS ONE, Public Library of Science, vol. 7(6), pages 1-12, June.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Hosseiny, Ali, 2017. "A geometrical imaging of the real gap between economies of China and the United States," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 479(C), pages 151-161.
- Hosseiny, Ali & Absalan, Mohammadreza & Sherafati, Mohammad & Gallegati, Mauro, 2019.
"Hysteresis of economic networks in an XY model,"
Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 513(C), pages 644-652.
- Ali Hosseiny & Mohammadreza Absalan & Mohammad Sherafati & Mauro Gallegati, 2018. "Hysteresis of economic networks in an XY model," Papers 1808.03404, arXiv.org.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Hosseiny, Ali & Absalan, Mohammadreza & Sherafati, Mohammad & Gallegati, Mauro, 2019.
"Hysteresis of economic networks in an XY model,"
Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 513(C), pages 644-652.
- Ali Hosseiny & Mohammadreza Absalan & Mohammad Sherafati & Mauro Gallegati, 2018. "Hysteresis of economic networks in an XY model," Papers 1808.03404, arXiv.org.
- Ali Hosseiny & Mohammad Bahrami & Antonio Palestrini & Mauro Gallegati, 2016.
"Metastable Features of Economic Networks and Responses to Exogenous Shocks,"
PLOS ONE, Public Library of Science, vol. 11(10), pages 1-22, October.
- Ali Hosseiny & Mohammad Bahrami & Antonio Palestrini & Mauro Gallegati, 2016. "Metastable Features of Economic Networks and Responses to Exogenous Shocks," Papers 1608.00275, arXiv.org.
- Hosseiny, Ali, 2017. "A geometrical imaging of the real gap between economies of China and the United States," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 479(C), pages 151-161.
- Bahrami, Mohammad & Chinichian, Narges & Hosseiny, Ali & Jafari, Gholamreza & Ausloos, Marcel, 2020.
"Optimization of the post-crisis recovery plans in scale-free networks,"
Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 540(C).
- Mohammad Bahrami & Narges Chinichian & Ali Hosseiny & Gholamreza Jafari & Marcel Ausloos, 2019. "Optimization of the post-crisis recovery plans in scale-free networks," Papers 1904.10625, arXiv.org, revised Oct 2019.
- Shubham Agarwal & Diptesh Ghosh & Anindya S. Chakrabarti, 2016.
"Self-organization in a distributed coordination game through heuristic rules,"
The European Physical Journal B: Condensed Matter and Complex Systems, Springer;EDP Sciences, vol. 89(12), pages 1-10, December.
- S. Agarwal & D. Ghosh & A. S. Chakrabarti, 2016. "Self-organization in a distributed coordination game through heuristic rules," Papers 1608.00213, arXiv.org.
- Chakrabarti, Anindya S. & Ghosh, Diptesh, 2016. "Improving Server Utilization in a Distributed Computing Set-up with Independent Clients," IIMA Working Papers WP2016-05-02, Indian Institute of Management Ahmedabad, Research and Publication Department.
- Shu-Heng Chen & Sai-Ping Li, 2011. "Econophysics: Bridges over a Turbulent Current," Papers 1107.5373, arXiv.org.
- Delli Gatti,Domenico & Fagiolo,Giorgio & Gallegati,Mauro & Richiardi,Matteo & Russo,Alberto (ed.), 2018. "Agent-Based Models in Economics," Cambridge Books, Cambridge University Press, number 9781108400046, September.
- Ghosh, Diptesh & Chakrabarti, Anindya S., 2017.
"Emergence of distributed coordination in the Kolkata Paise Restaurant problem with finite information,"
Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 483(C), pages 16-24.
- Diptesh Ghosh & Anindya S. Chakrabarti, 2017. "Emergence of Distributed Coordination in the Kolkata Paise Restaurant Problem with Finite Information," Papers 1702.01017, arXiv.org.
- Kiran Sharma & Anamika & Anindya S. Chakrabarti & Anirban Chakraborti & Sujoy Chakravarty, 2017. "The Saga of KPR: Theoretical and Experimental developments," Papers 1712.06358, arXiv.org.
- Vee-Liem Saw & Lock Yue Chew, 2020. "No-boarding buses: Synchronisation for efficiency," PLOS ONE, Public Library of Science, vol. 15(3), pages 1-34, March.
- Simone Berardi & Gabriele Tedeschi, 2016. "How banks’ strategies influence financial cycles: An approach to identifying micro behavior," Working Papers 2016/24, Economics Department, Universitat Jaume I, Castellón (Spain).
- Anindya S. Chakrabarti & Diptesh Ghosh, 2019. "Emergence of anti-coordination through reinforcement learning in generalized minority games," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 14(2), pages 225-245, June.
- Berardi, Simone & Tedeschi, Gabriele, 2017.
"From banks' strategies to financial (in)stability,"
International Review of Economics & Finance, Elsevier, vol. 47(C), pages 255-272.
- Simone Berardi & Gabriele Tedeschi, 2015. "From banks’ strategies to financial (in)stability," Working Papers 2015/11, Economics Department, Universitat Jaume I, Castellón (Spain).
- Berardi, Simone & Tedeschi, Gabriele, 2015. "From banks' strategies to financial (in)stability," FinMaP-Working Papers 47, Collaborative EU Project FinMaP - Financial Distortions and Macroeconomic Performance: Expectations, Constraints and Interaction of Agents.
- Scalas, Enrico & Gallegati, Mauro & Guerci, Eric & Mas, David & Tedeschi, Alessandra, 2006.
"Growth and allocation of resources in economics: The agent-based approach,"
Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 370(1), pages 86-90.
- Enrico Scalas & Mauro Gallegati & Eric Guerci & David Mas & Alessandra Tedeschi, 2006. "Growth and Allocation of Resources in Economics: The Agent-Based Approach," Papers physics/0608221, arXiv.org.
- Eric Guerci & Enrico Scalas & Mauro Gallegati & David Mas & Alessandra Tedeschi, 2006. "Growth and allocation of resources in economics: The agent-based approach," Post-Print halshs-00871047, HAL.
- Tao, Yong, 2015. "Universal laws of human society’s income distribution," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 435(C), pages 89-94.
- Furtado, Bernardo Alves & Eberhardt, Isaque Daniel Rocha, 2015. "Modelo espacial simples da economia: uma proposta teórico-metodológica [A simple spatial economic model: a proposal]," MPRA Paper 67005, University Library of Munich, Germany.
- Jovanovic, Franck & Mantegna, Rosario N. & Schinckus, Christophe, 2019. "When financial economics influences physics: The role of Econophysics," International Review of Financial Analysis, Elsevier, vol. 65(C).
- Kurose, Kazuhiro & Yoshihara, Naoki, 2016.
"The Heckscher-Ohlin-Samuelson Model and the Cambridge Capital Controversies,"
UMASS Amherst Economics Working Papers
2016-05, University of Massachusetts Amherst, Department of Economics.
- Kazuhiro Kurose & Naoki Yoshihara, 2016. "The Heckscher-Ohlin-Samuelson Model and the Cambridge Capital Controversies," DSSR Discussion Papers 58, Graduate School of Economics and Management, Tohoku University.
- Kazuhiro Kurose & Naoki Yoshihara, 2016. "The Heckscher-Ohlin-Samuelson model and the Cambridge capital controversies," Working Papers SDES-2016-4, Kochi University of Technology, School of Economics and Management, revised Apr 2016.
- Kazuhiro Kurose & Naoki Yoshihara, 2016. "The Heckscher-Ohlin-Samuelson Model and the Cambridge Capital Controversies," TERG Discussion Papers 346, Graduate School of Economics and Management, Tohoku University.
- Kiran Sharma & Parul Khurana, 2021. "Growth and dynamics of Econophysics: a bibliometric and network analysis," Scientometrics, Springer;Akadémiai Kiadó, vol. 126(5), pages 4417-4436, May.
More about this item
NEP fields
This paper has been announced in the following NEP Reports:- NEP-HME-2016-08-14 (Heterodox Microeconomics)
Statistics
Access and download statisticsCorrections
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:arx:papers:1608.02523. 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.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: arXiv administrators (email available below). General contact details of provider: http://arxiv.org/ .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.