WEHIA 2015 - Sciencesconf.org

Welcome Speeches

Lecture Hall AXA

Alice Guilhon, Dean of SKEMA Business School; Xavier Ragot, OFCE President; Richard Arena, GREDEG-UNS and MSH Director

Special Plenary Session on Experimental Economics and Simulation (Chair: Nobuyuki Hanaki) - "Learning to Coordinate"

Lecture Hall AXA

John Duffy, University of Californa, Irvine, USA

Special Plenary Session on Experimental Economics and Simulation (Chair: Nobuyuki Hanaki) - "Trader Heterogeneity in Experimental Asset Markets"

Lecture Hall AXA

Charles Noussair, Tilburg University, The Netherlands

Coffee break

Monetary and Macroprudential Policy Analyses

Room 138

Gabriele Tedeschi, Universitat Jaume I of Castellon

› The effects of prudential supervision on bank resiliency and profits in a multi-agent setting - Alexandru Monahov, Groupe de Recherche en Droit, Economie et Gestion (GREDEG) 11:30-12:00 (30min)

› Systemic Risk and Macro-prudential policies: a credit network-based approach - Ermanno Catullo, Università Politecnica delle Marche 12:00-12:30 (30min)

› Taming Macroeconomic Instability: Monetary and Macroprudential Policy Interactions in an Agent-based Model - Lilit Popoyan, Laboratory of Economics and Management, Sant'Anna School of Advanced Studies 12:30-13:00 (30min)

Financial Macroeconomics

Room 139

Stanislao Gualdi, CentraleSupélec

› Money Wage Rigidity, Reserve Requirement, and the Stability of Wicksell-Keynes Economy: An Agent-Based Approach to Financial Macroeconomics - 11:30-12:00 (30min)

› Finance-Growth Relationship: Virtuous and Dis-Virtuous Cycles Theory and Empirical Evidence. - Eliana Lauretta, University of Birmingham - Business School 12:00-12:30 (30min)

› Monetary Policy and Dark Corners in a stylized Agent-Based Model - Stanislao Gualdi, CentraleSupélec 12:30-13:00 (30min)

Labour Market Analyses

Room 140

Gerard Ballot, Université Panthéon-Asssas Paris 2

› Matching dynamics and optima in a multi-agents labor market setting - Cyrille Piatecki, Laboratoire d'économie d'Orleans 11:30-12:00 (30min)

› Endogenous choices of contract types in an agent-based model of the french Labor Market - Gerard Ballot, Université Panthéon-Asssas Paris 2 12:00-12:30 (30min)

› Interpreting the Beveridge curve. An agent-based approach. - Gabriele Cardullo, Dipartimento di Economia, Università di Genova 12:30-13:00 (30min)

Bounded rationality and Learning

Room 141

Alejandro Lee, The University Of Nottingham

› Learning and coordinating in a multilayer network: Effects of neighborhood size - Haydee Lugo, Complutense University of Madrid 11:30-12:00 (30min)

› An Agent-Based Model for Punishment in Public Good Games - Alejandro Lee, The University Of Nottingham 12:00-12:30 (30min)

› Income Inequality, Demonstration effects and Growth of the Consumption Standard - Anais Carlin, Groupe de Recherche en Droit, Economie, Gestion (GREDEG) 12:30-13:00 (30min)

Endogenous Networks

Room 143

Zakaria Babutsidze, SKEMA Business School and OFCE

› Key Player Policies in Endogenous Networks - Metin Akyol, Darmstadt University of Technology [Darmstadt] 11:30-12:00 (30min)

› Evolving routs of word-of-mouth: Implications for product promotion - Zakaria Babutsidze, SKEMA Business School 12:00-12:30 (30min)

› Analysis of conflict of topic on the social media by mathematical model - Akira Ishii, Tottori University 12:30-13:00 (30min)

Financial markets: models and empirical analyses

Room 144

Fabio Caccioli, University College London

› From banks' strategies to economic (in)stability - Simone Berardi, Universitat Jaume I 11:30-12:00 (30min)

› Evaluating macroprudential policies in a dynamical model of the Basel leverage cycle - Fabio Caccioli, University College London 12:00-12:30 (30min)

› Long-run Heterogeneity in a Lucas' Tree Economy with Fixed-Mix Traders - Daniele Giachini, Scuola Superiore Sant'Anna 12:30-13:00 (30min)

Financial Networks

Room 145

Matthias Raddant, Christian-Albrechts-Universität zu Kiel

› After the currents of liquidity flows created by the different type of payments in SPEI - Biliana Alexandrova-Kabadjova, Banco de Mexico 11:30-12:00 (30min)

› Complexity of Payment Network - Hayakawa Hitoshi, Hokkaido University, Creative Research Institution 12:00-12:30 (30min)

› The network of dependencies in the global stock market - Matthias Raddant, Christian-Albrechts-Universität zu Kiel 12:30-13:00 (30min)

Lunch

Macroeconomics and Industrial Dynamics

Room 138

Marko Petrovic, Universitat Jaume I

› The Dynamics of GDP and the Distribution of Firm Growth Rates - Le Li, Scuola Superiore Sant'Anna 14:00-14:30 (30min)

› Disentangle the interactions between global and regional seasonality of crude oil consumption: empirical evidence based on DWT - Jun Li, GSB,Curtin University of Technology 14:30-15:00 (30min)

› Looking For the Determinants of Distributions of Firms' Stocks and Flows: An Empirical and Agent Based Approach - Marko Petrovic, Universitat Jaume I 15:00-15:30 (30min)

Macroeconomics and the Housing Market

Room 139

Andrea Teglio, Universitat Jaume I of Castellon

› Housing Price Bubbles in an Artificial Real Estates Business Cycle of China - Feng He, Tianjin Uinversity 14:00-14:30 (30min)

› Real Estate Market in EURACE Mode: Stock Control vs Flow Control as Risk Measures Criteria - Andrea Teglio, Universitat Jaume I 14:30-15:00 (30min)

› Housing markets and economic choices under uncertainty: exploring non-linear market dynamics in a spatial agent-based model - Tatiana Filatova, University of Twente, Deltares 15:00-15:30 (30min)

R&D and Production Networks

Room 140

Marco Valente, University of L'Aquila

› Network dynamics and knowledge exchange in R&D networks - Mario Vincenzo Tomasello, Chair of Systems Design - ETH Zürich 14:00-14:30 (30min)

› Systemic risks in complex supply chains - a simple adaptive network model - Célian Colon, Laboratoire de Météorologie Dynamique, Grantham Institute - Imperial College London 14:30-15:00 (30min)

› Dynamic input-output networks - Antoine Mandel, Ecole d'Économie de Paris - Paris School of Economics 15:00-15:30 (30min)

Game-theory: Models and Experiments

Room 141

Luigi Marengo, LUISS, Guido Carli

› Stochastic approximation of a Nash equilibrium in nonlinear quadratic tracking games - Dmitri Blueschke, University of Klagenfurt 14:00-14:30 (30min)

› Governing the commons in a spatial public goods game with wealth accumulation - Anghel Negriu, University of Amsterdam, Center for Nonlinear Dynamics in Economics and Finance, Tinbergen Institute 14:30-15:00 (30min)

› Playing Lowest Unique Integer Games - Takashi Yamada, Tokyo Institute of Technology 15:00-15:30 (30min)

Financial markets: models and empirical analyses

Room 144

Giulio Bottazzi, Scuola Superiore Sant'Anna

› The Impact of Reduced Pre-Trade Transparency Regimes on Market Quality - Giulia Iori, City University London 14:00-14:30 (30min)

› Can a common volatility describe interaction among government yields in a geographical zone? - Maria Cristina Recchioni, Dipartimento di Management, Università Politecnica delle Marche, Ancona 14:30-15:00 (30min)

› The wisdom of crowds, explained - Giulio Bottazzi, Scuola Superiore Sant'Anna 15:00-15:30 (30min)

Experimental Finance

Room 145

Mikhail Anufriev, University of Technology, Sydney

› The Effect of Financial Selection in Experimental Asset Markets - Natalia Shestakova, Department of Economics, University of Vienna 14:00-14:30 (30min)

› Microfoundations for Switching Behaviour in Heterogeneous Agents Models: An Experiment - Mikhail Anufriev, University of Technology, Sydney 14:30-15:00 (30min)

› An experimental study on overweighting of public information - Eva Camacho Cuena, University Jaume I of Castellón 15:00-15:30 (30min)

Coffee break

Markets micro-structure and design

Room 138

Guido Germano, University College London

› Modeling and calibration of an artificial stock option market - Jiatong Han, Jiatong Han 16:00-16:30 (30min)

› Dealing with farmers heterogeneity on modeling Common Agricultural Policy: An Agent Based Modeling Approach - Dimitrios Kremmydas, Department of Agricultural Economics, Agricultural University of Athens 16:30-17:00 (30min)

› Analysis of burst phenomena on social media using the mathematical theory of hit phenomena - Akira Ishii, Tottori University 17:00-17:30 (30min)

› Hybrid generative-discriminative machine-learning models for the forecasting of high-f requency financial time series - Guido Germano, University College London 17:30-18:00 (30min)

Bounded rationality and Learning

Room 139

Pietro Dindo, Scuola Superiore Sant'Anna

› The Coexistence of Stable Equilibria under Least Squares Learning - Dávid Kopányi, University of Nottingham 16:00-16:30 (30min)

› Estimation of Sentiment Effects in Financial Markets: A Simulated Method of Moments Approach - zhenxi chen, University of Kiel 16:30-17:00 (30min)

› Expectations, Strategies and genetic Algorithms - Paola Colzani, Catholic University of the Sacred Heart, Milan 17:00-17:30 (30min)

› The Wisdom of the Crowd Revisited - Pietro Dindo, Scuola Superiore Sant'Anna 17:30-18:00 (30min)

Experimental Economics

Room 140

Nobuyuki Hanaki, Aix-Marseille University

› Imitation and learning in the minority game: a strategy experiment - 16:00-16:30 (30min)

› Adaptive Expectation with Correction Bias: Evidence from the Lab - Annarita Colasante, Università Politecnica delle Marche 16:30-17:00 (30min)

› Meaningful learning in weighted voting games: An experiment - Nobuyuki Hanaki, Aix-Marseille University 17:00-17:30 (30min)

› Testing quantum-like models of judgment for conjunction fallacy - Sébastien Duchêne, Groupe de Recherche en Droit, Economie, Gestion (GREDEG) 17:30-18:00 (30min)

Econometrics and Model Validation

Room 141

Sylvain Barde, School of Economics, University of Kent

› A practical, universal, information criterion over Nth order markov processes - Sylvain Barde, School of Economics, University of Kent 16:00-16:30 (30min)

› A calibration procedure for analyzing stock price dynamics in an Agent-based framework - Gabriele Tedeschi, Universitat Jaume I 16:30-17:00 (30min)

› Simulated ML Estimation of Heterogeneous Agent Models - Jiri Kukacka, Institute of Information Theory and Automation, Academy of Sciences of the Czech Republic 17:00-17:30 (30min)

› On the similarity of time series dynamics: a criterion for empirical validation - Francesco Lamperti, Scuola Superiore Sant'Anna 17:30-18:00 (30min)

Industrial Organization: Models and Empirical Analyses

Room 144

Federico Tamagni, Scuola Superiore "Sant'Anna"

› Producer-Retailer Incentives for Vertical Arrangements with Network Delivery Constraints. - Eric Guerci, Groupe de Recherche en Droit, Economie, Gestion (GREDEG) 16:00-16:30 (30min)

› Do firm idiosyncrasies matter for profitability? Evidence from long-lived US corporations - Philipp Mundt, University of Bamberg 16:30-17:00 (30min)

› Empirical regularities in the size distribution of firms - Federico Tamagni, Scuola Superiore Sant'Anna 17:00-17:30 (30min)

› Neutrality and Evolvability in Organizations - Marco Valente, University of L'Aquila 17:30-18:00 (30min)

Sustainability transitions and climate change models

Room 145

Sylvie Geisendorf, ESCP Research Center on Sustainability in Business and Society

› Linking Agent-based Energy Market with Computable General Equilibrium Model: an Integrated Approach to Climate-Economy-Energy System - Leila Niamir, University of Twente 16:00-16:30 (30min)

› A System Dynamics model with heterogeneous agents to assess the role of green fiscal and monetary policies for sustainability - Irene Monasterolo, Global Sustainability Institute 16:30-17:00 (30min)

› The difference it makes – Learning how to adapt to resource dynamics or learning how to survive in a complex world - Sylvie Geisendorf, ESCP Research Center on Sustainability in Business and Society, ESCP Europe Business School Berlin 17:00-17:30 (30min)

› Just tell me what my neighbors do! Public policies for households recycling - Ankinee Kirakozian, Groupe de Recherche en Droit, Economie et Gestion 17:30-18:00 (30min)

The Alan Kirman Lecture (Chair: Eric Guerci) - "On Heterogeneous Interacting Agents"

Lecture Hall AXA

Nicolaas J. Vriend, Queen Mary, University of London, UK

Program