Related papers: Optimal Inflation Target: Insights from an Agent-B…
Motivated by the current global high inflation scenario, we aim to discover a dynamic multi-period allocation strategy to optimally outperform a passive benchmark while adhering to a bounded leverage limit. To this end, we formulate an…
Pertaining to Agent-based Computational Economics (ACE), this work presents two models for the rise and downfall of speculative bubbles through an exchange price fixing based on double auction mechanisms. The first model is based on a…
This paper combines a canonical epidemiology model of disease dynamics with government policy of lockdown and testing, and agents' decision to social distance in order to avoid getting infected. The model is calibrated with data on deaths…
Observations of the temperature anisotropies in the Cosmic Microwave Background (CMB) radiation show that the models of inflation with the monomial potentials are inconsistent with the allowed $n_s-r$ bounds. However certain monomial…
This paper proposes an agent-based model that combines both spot and balancing electricity markets. From this model, we develop a multi-agent simulation to study the integration of the consumers' flexibility into the system. Our study…
These lecture notes have been written for a short introductory course on the status of inflation after Planck and BICEP2, given at the Xth Modave School of Mathematical Physics. The first objective is to give an overview of the theory of…
Models for spin systems, known from statistical physics, are applied analogously in econometrics in the form of agent-based models. The models discussed in the econophysics literature all use the state variable $T$, which, in physics,…
An increasing number of emerging applications, e.g., internet of things, vehicular communications, augmented reality, and the growing complexity due to the interoperability requirements of these systems, lead to the need to change the tools…
We study the low-temperature limit of warm inflation in a hilltop model. This limit remains valid up to the end of inflation, allowing an analytic description of the entire inflationary stage. In the weak dissipative regime, if the kinetic…
We study a new framework for brane-antibrane inflation where moduli stabilisation relies purely on perturbative corrections to the effective action. This guarantees that the model does not suffer from the eta-problem. The inflationary…
In this paper, warm inflationary models on a brane scenario are studied. Here we consider slow-roll inflation and high-dissipation regime in a high-energy scenario. General conditions required for these models to be realizable are derived.…
A general information equilibrium model in the case of ideal information transfer is defined and then used to derive the relationship between supply (information destination) and demand (information source) with the price as the detector of…
In this paper, we describe a novel agent-based approach for modelling the transaction cost of buying or selling an asset in financial markets, e.g., to liquidate a large position as a result of a margin call to meet financial obligations.…
We explore a class of minimal plateau inflationary models constrained by the latest cosmological observations from ACT DR6, Planck 2018, BICEP/Keck 2018, and DESI, collectively referred to as P-ACT-LB-BK18. These models, characterized by a…
We summarize our work on constant roll inflationary models. It was understood recently that constant roll inflation, in a regime beyond the slow roll approximation, can give models that are in agreement with the observational constraints.…
Humans exhibit time-inconsistent behavior, in which planned actions diverge from executed actions. Understanding time inconsistency and designing appropriate interventions is a key research challenge in computer science and behavioral…
Agent-based models (ABMs) are fit to model heterogeneous, interacting systems like financial markets. We present the latest advances in Evology: a heterogeneous, empirically calibrated market ecology agent-based model of the US stock…
This article explores the optimisation of trading strategies in Constant Function Market Makers (CFMMs) and centralised exchanges. We develop a model that accounts for the interaction between these two markets, estimating the conditional…
Pseudo-Goldstone bosons (pGBs) can provide technically natural inflatons, as has been comparatively well-explored in the simplest axion examples. Although inflationary success requires trans-Planckian decay constants, f > Mp, several…
An agent-based model (ABM) is a computational model in which the local interactions of autonomous agents with each other and with their environment give rise to global properties within a given domain. As the detail and complexity of these…