Citing this article

A standard form of citation of this article is:

Grebel, Thomas and Merey, Esther (2009). 'Industrial Dynamics and Financial Markets'. Journal of Artificial Societies and Social Simulation 12(1)12 <http://jasss.soc.surrey.ac.uk/12/1/12.html>.

The following can be copied and pasted into a Bibtex bibliography file, for use with the LaTeX text processor:

@article{grebel2009,
title = {Industrial Dynamics and Financial Markets},
author = {Grebel, Thomas and Merey, Esther},
journal = {Journal of Artificial Societies and Social Simulation},
ISSN = {1460-7425},
volume = {12},
number = {1},
pages = {12},
year = {2009},
URL = {http://jasss.soc.surrey.ac.uk/12/1/12.html},
keywords = {Industrial Dynamics, Neural Networks, Financial Markets, Entrepreneurship, Endogenous Evolution},
abstract = {Financial markets mirror the evolution of real economic industries as much as they influence them reciprocally. In this paper we show an approach how to connect both. We will focus on the impact of industrial dynamics on financial markets. Real economic sectors as well as financial markets will be modelled using agent-based modelling techniques. Boundedly rational agents build up the endogenous evolution of an entrepreneurially driven industry, thereby substantiating the role of knowledge diffusion. Boundedly rational investors in the financial market learn about new industries and trade the corresponding shares. The complete model will be set up as a modular system which will allow investigating various scenarios.},
}

The following can be copied and pasted into a text file, which can then be imported into a reference database that supports imports using the RIS format, such as Reference Manager and EndNote.


TY - JOUR
TI - Industrial Dynamics and Financial Markets
AU - Grebel, Thomas
AU - Merey, Esther
Y1 - 2009/01/31
JO - Journal of Artificial Societies and Social Simulation
SN - 1460-7425
VL - 12
IS - 1
SP - 12
UR - http://jasss.soc.surrey.ac.uk/12/1/12.html
KW - Industrial Dynamics
KW - Neural Networks
KW - Financial Markets
KW - Entrepreneurship
KW - Endogenous Evolution
N2 - Financial markets mirror the evolution of real economic industries as much as they influence them reciprocally. In this paper we show an approach how to connect both. We will focus on the impact of industrial dynamics on financial markets. Real economic sectors as well as financial markets will be modelled using agent-based modelling techniques. Boundedly rational agents build up the endogenous evolution of an entrepreneurially driven industry, thereby substantiating the role of knowledge diffusion. Boundedly rational investors in the financial market learn about new industries and trade the corresponding shares. The complete model will be set up as a modular system which will allow investigating various scenarios.
ER -