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Documents Summary of previous lectures 1.How to treat markets which exhibit normal behaviour (lecture 2)....

Slide 1Summary of previous lectures 1.How to treat markets which exhibit normal behaviour (lecture 2). 2.Looked at evidence that stock markets were not always normal, stationary…

Documents Bottom-Up Coordination in the El Farol Game: an agent-based model Shu-Heng Chen, Umberto Gostoli.

Slide 1 Bottom-Up Coordination in the El Farol Game: an agent-based model Shu-Heng Chen, Umberto Gostoli Slide 2 The El Farol Bar Problem (Arthur, 1994) N people decide independently…

Documents Bottom-Up Coordination in the El Farol Game: an agent-based model

Bottom-Up Coordination in the El Farol Game: an agent-based model Bottom-Up Coordination in the El Farol Game: an agent-based model Shu-Heng Chen, Umberto Gostoli 1 The El…