Agent-based approach for generation of a money-centered star network
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Yang, Jae-Suk | - |
dc.contributor.author | Kwon, Okyu | - |
dc.contributor.author | Jung, Woo-Sung | - |
dc.contributor.author | Kim, In-mook | - |
dc.date.accessioned | 2021-09-09T04:17:41Z | - |
dc.date.available | 2021-09-09T04:17:41Z | - |
dc.date.created | 2021-06-10 | - |
dc.date.issued | 2008-09-15 | - |
dc.identifier.issn | 0378-4371 | - |
dc.identifier.uri | https://scholar.korea.ac.kr/handle/2021.sw.korea/122707 | - |
dc.description.abstract | The history of trade is a progression from a pure barter system. A medium of exchange emerges autonomously in the market, a position currently occupied by money. We investigate an agent-based computational economics model consisting of interacting agents considering distinguishable properties of commodities which represent salability. We also analyze the properties of the commodity network using a spanning tree. We find that the "storage fee" is more crucial than "demand" in determining which commodity is used as a medium of exchange. (C) 2008 Elsevier B.V. All rights reserved. | - |
dc.language | English | - |
dc.language.iso | en | - |
dc.publisher | ELSEVIER | - |
dc.subject | MODEL | - |
dc.subject | EMERGENCE | - |
dc.subject | MARKETS | - |
dc.title | Agent-based approach for generation of a money-centered star network | - |
dc.type | Article | - |
dc.contributor.affiliatedAuthor | Yang, Jae-Suk | - |
dc.contributor.affiliatedAuthor | Kim, In-mook | - |
dc.identifier.doi | 10.1016/j.physa.2008.05.025 | - |
dc.identifier.scopusid | 2-s2.0-47649090865 | - |
dc.identifier.wosid | 000258990500017 | - |
dc.identifier.bibliographicCitation | PHYSICA A-STATISTICAL MECHANICS AND ITS APPLICATIONS, v.387, no.22, pp.5498 - 5502 | - |
dc.relation.isPartOf | PHYSICA A-STATISTICAL MECHANICS AND ITS APPLICATIONS | - |
dc.citation.title | PHYSICA A-STATISTICAL MECHANICS AND ITS APPLICATIONS | - |
dc.citation.volume | 387 | - |
dc.citation.number | 22 | - |
dc.citation.startPage | 5498 | - |
dc.citation.endPage | 5502 | - |
dc.type.rims | ART | - |
dc.type.docType | Article | - |
dc.description.journalClass | 1 | - |
dc.description.journalRegisteredClass | scie | - |
dc.description.journalRegisteredClass | scopus | - |
dc.relation.journalResearchArea | Physics | - |
dc.relation.journalWebOfScienceCategory | Physics, Multidisciplinary | - |
dc.subject.keywordPlus | MODEL | - |
dc.subject.keywordPlus | EMERGENCE | - |
dc.subject.keywordPlus | MARKETS | - |
dc.subject.keywordAuthor | econophysics | - |
dc.subject.keywordAuthor | complex network | - |
dc.subject.keywordAuthor | medium of exchange | - |
dc.subject.keywordAuthor | barter | - |
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