Detailed Information

Cited 0 time in webofscience Cited 0 time in scopus
Metadata Downloads

Agent-based approach for generation of a money-centered star network

Full metadata record
DC Field Value Language
dc.contributor.authorYang, Jae-Suk-
dc.contributor.authorKwon, Okyu-
dc.contributor.authorJung, Woo-Sung-
dc.contributor.authorKim, In-mook-
dc.date.accessioned2021-09-09T04:17:41Z-
dc.date.available2021-09-09T04:17:41Z-
dc.date.created2021-06-10-
dc.date.issued2008-09-15-
dc.identifier.issn0378-4371-
dc.identifier.urihttps://scholar.korea.ac.kr/handle/2021.sw.korea/122707-
dc.description.abstractThe 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.languageEnglish-
dc.language.isoen-
dc.publisherELSEVIER-
dc.subjectMODEL-
dc.subjectEMERGENCE-
dc.subjectMARKETS-
dc.titleAgent-based approach for generation of a money-centered star network-
dc.typeArticle-
dc.contributor.affiliatedAuthorYang, Jae-Suk-
dc.contributor.affiliatedAuthorKim, In-mook-
dc.identifier.doi10.1016/j.physa.2008.05.025-
dc.identifier.scopusid2-s2.0-47649090865-
dc.identifier.wosid000258990500017-
dc.identifier.bibliographicCitationPHYSICA A-STATISTICAL MECHANICS AND ITS APPLICATIONS, v.387, no.22, pp.5498 - 5502-
dc.relation.isPartOfPHYSICA A-STATISTICAL MECHANICS AND ITS APPLICATIONS-
dc.citation.titlePHYSICA A-STATISTICAL MECHANICS AND ITS APPLICATIONS-
dc.citation.volume387-
dc.citation.number22-
dc.citation.startPage5498-
dc.citation.endPage5502-
dc.type.rimsART-
dc.type.docTypeArticle-
dc.description.journalClass1-
dc.description.journalRegisteredClassscie-
dc.description.journalRegisteredClassscopus-
dc.relation.journalResearchAreaPhysics-
dc.relation.journalWebOfScienceCategoryPhysics, Multidisciplinary-
dc.subject.keywordPlusMODEL-
dc.subject.keywordPlusEMERGENCE-
dc.subject.keywordPlusMARKETS-
dc.subject.keywordAuthoreconophysics-
dc.subject.keywordAuthorcomplex network-
dc.subject.keywordAuthormedium of exchange-
dc.subject.keywordAuthorbarter-
Files in This Item
There are no files associated with this item.
Appears in
Collections
College of Science > Department of Physics > 1. Journal Articles

qrcode

Items in ScholarWorks are protected by copyright, with all rights reserved, unless otherwise indicated.

Altmetrics

Total Views & Downloads

BROWSE