CONTROLOther
Jev Agents in Double-Auction Experiments
This project replicates double-auction experiments using Jev agents, demonstrating their effect on price variance and bid-ask spreads.
Running @TypeSafeAI in ABM models: Replicating the Gode & Sunder / Smith double-auction experiments with Jev agents.
ZI-C agents reach equilibrium faster, but with higher price variance. Jev agents compress price variance and bid-ask spreads with slower equilibrium convergence. x.com/JiriNohejl/status/210218784062906369