We study a dynamic model of coordination with timing frictions and payoff heterogeneity. There is a unique equilibrium, characterized by thresholds that determine the choices of each type of agent. We characterize equilibrium ...

Going from a neighbourhood-based to a choice-based system of school selection can have positive effects on enrolment in higher achievement schools, increasing average student achievement. We develop an Agent-Based model ...

The aim of this work is to establish an interesting connection between the behavior of economic agents and the long memory features that generally occur in a wide set of time series found in economic/financial problems. ...

We propose a theoretical model of occupational choice in an economy with input-output links, sectoral wedges, and heterogeneous agents. We provide analytical solutions for equilibrium objects and show that the Hulten’s ...

In this paper, we investigate the properties of the return time series generated by a multi-agent-based model for financial markets. Our model is a variant of the grand canonical minority game model where the agents behave ...

This thesis is composed of three essays related to heterogeneous agent models with entrepreneurship. The first chapter adds aggregate uncertainty in a heterogeneous agent model with entrepreneurship and financial frictions, ...

Este trabajo revisa algunos aspectos teóricos y prácticos de la modelización basada en agentes (MBA) y los sistemas de modelización basada en agentes (SMA) aplicados a la economía; un campo aún poco explorado en la literatura ...