Thursday, September 10th


8:30 - 9:30



9:30 - 9:45



9:45 - 11:00

Invited Talk


Sorin Solomon

How do Micro-Economic Simple Rules Generate Complex Macro-Economic Behavior? An Agent Based Modelling Approach for Connecting Empirical Facts with Theoretical Predictions


11:00 - 11:30

Coffee Break


11:30 - 13:30

Session I: Financial markets


Yuji Karino and Toshiji Kawagoe

Bubble and Crash in the Artificial Financial Market


Olivier Brandouy, Philippe Mathieu and Iryna Veryzhenko


Computation of the Ex-Post Optimal Strategy for the Trading of a

Single Financial Asset


José Antonio Pascual and Javier Pajares

A Generative Approach on the Relationship between Trading Volume, Prices, Returns and Volatility of Financial Assets


Elena Catanese, Andrea Consiglio, Valerio Lacagnina and Annalisa Russino

Asset Return Dynamics under Alternative Learning Schemes


13:30 - 15:00

Lunch Break


15:00 - 16:30

Session II: Methodological Issues


David Poza, Félix Villafáñez and Javier Pajares

Impact of Tag Recognition in Economic Decisions


Gert Jan Hofstede, Catholijn M. Jonker and Tim Verwaart

Simulation of Effects of Culture on Trade Partner Selection


Xavier Vilá

A Model-to-Model Analysis of the Repeated Prisoners’ Dilemma: Genetic Algorithms vs. Evolutionary Dynamics


16:30 - 17:00

Coffee Break


17:00 - 19:00

Session III: Finance


Narine Udumyan, Juliette Rouchier and Dominique Ami

An Attempt to Integrate Path-Dependency in a Learning Model


Lucia Milone and Paolo Pellizzari

Mutual Funds Flows and the “Sheriff of Nottingham” Effect


Bárbara Llacay and Gilbert Peffer

Foundations for a Framework for Multiagent-Based Simulation of Macrohistorical Episodes in Financial Markets


Andrea Teglio, Marco Raberto and Silvano Cincotti

Explaining Equity Excess Return by Means of an Agent-Based Financial Market



Social Event (in La Parrilla de San Lorenzo Restaurant)



Friday, September 11th


9:30 - 11:00

Session IV: Macroeconomics


Giulia Canzian, Edoardo Gaffeo and Roberto Tamborini

Keynes in the Computer Laboratory. An Agent-Based Model with MEC, MPC, LP


Gianfranco Giulioni

A Potential Disadvantage of a Low Interest Rate Policy: the Instability of Banks Liquidity


Philippe Caillou and Michele Sebag

Pride and Prejudice on a Centralized Academic Labor Market


11:00 - 11:30

Coffee Break


11:30 - 12:30

Session V: Auctions and Markets


Roberto Cervone, Stefano Galavotti, and Marco LiCalzi

Symmetric Equilibria in Double Auctions with Markdown Buyers

and Markup Sellers


Asuncion Mochon, Yago Saez, David Quintana and Pedro Isasi

Multi-Unit Auction Analysis by Means of Agent-Based Computational Economics


12:30 - 13:30

Session VI:  Markets: Information and Learning


Eric Guerci, Mohammad Ali Rastegar and Silvano Cincotti

Operator’s Bidding Strategies in the Liberalized Italian Power Market


Florian Hauser, Jürgen Huber and Michael Kirchler

Comparing Laboratory Experiments and Agent-Based Simulations: The Value of Information and Market Efficiency in a Market with Asymmetric Information


13:30 - 15:00

Lunch Break


15:00 - 16:30

Session VII: Markets and Industrial Organization


Wayne Zandbergen

U. S. Defense Market Concentration: An Analysis of the Period



Maciej Latek and Bogumil Kaminski

Social Learning and Pricing Obfuscation


Jose I. Santos, Ricardo del Olmo and Javier Pajares

Selection Processes in a Monopolistic Competition Market


16:30 - 17:00

Coffee Break


17:00 - 18:15

Invited Talk


Carles Sierra

Agents, Information and Negotiation


18:15 - 18:30