We aim to introduce scholars to some basic concepts and instruments used in a wide range of economic models. Specifically we present agent-based and experimental economics as the main tools to describe the relationship between the organization of interaction among individuals within different components of the economy and overall aggregate behavior. The focus is on the ways in which economic agents interact and the possible consequences of their interaction on the economic system.
The interaction between economic agents (such as households, firms, financial intermediaries and traders) and the environment, in fact, generates dynamic patterns, characterized by the endogenous emergence of deep disequilibria and sudden state transitions which characterize many financial and real time series. This is the reason why interaction have been gaining attention both within the academic debate and among international institutions and policymakers.
To whom is the summer school addressed?
This Summer School is addressed to highly motivated graduate and Ph.D. students, as well as researchers working for public and private research centers, who want to integrate their curricula with the analytical and technical tools developed within this innovative field of study.
Aims and Objectives
will be introduced to the logic of macroeconomic and financial Agent Based
modeling and will progressively come to master the fundamental tools required
to build and analyze an Agent Based model. Specifically, on the one hand, it
will pay great attention to the macroeconomic and financial modeling. On the other
hand, some innovative techniques able to describe agents' behavioral rules and
expectations will be introduced. In this respect, the objective is to
introduce participants to the essential
characteristics of the experimental economics, seen as a tool able to
detect agents' strategies and
expectations. Last but not least, we will propose sophisticated statistical
tools able not only to analyze emergent stylized facts in the simulated time
series, but also to investigate the statistical properties of real data.
In addition, the summer school will cover some complementary aspects of model-building techniques, such as methods for economic networks analysis.
The Summer School is jointly organized by the Universidad Jaume I (Castellon, Spain) and the Laboratorio Economia Experimental (LEE).
Simone Alfarano (UJI)
Eva Camacho (UJI)
Thomas Lux (Kiel University & UJI)
Gabriele Tedeschi (UJI)
Andrea Teglio (UJI)
Alba Ruiz, PhD Candidate (UJI)
Lidia Vidal, PhD Candidate (UJI)
David Vidal, PhD Candidate (UJI)
Why You Should Join Our Summer School
If you are a highly motivated student at Ph.D. level, or you are working with a research center or a public institution and want to get involved in one of the most innovative and promising approaches to economic thinking, our Summer School will give you the opportunity to:
• Spend 2 days in the nice city of Castellon studying, discussing, and exchanging experiences with international students and lecturers.
• Confront your research ideas and outputs in a friendly, easygoing atmosphere with established scholars and young researchers in the field of AB Economics and Experimental economics.
• Learn how to design, develop, analyze, and display your own models.
Organization of the Courses
The schedule is the following: 6 hours of classes per day, 2 full working days. In principle, 6 hours (in the morning and early afternoon) will be devoted to frontal lectures, equally distributed between classes dealing with theoretical and methodological aspects.
The number of participants is restricted to 25. We will thus only consider applicants with strong interest in the field.
An expression of interest must be sent via mail before March 31 2016 to firstname.lastname@example.org attaching an updated CV. Later applications will also be evaluated, but only in the case of free posts.
The Summer School admission is free of charge. Organizers will provide lunches and coffee breaks. Due to limited available funding, other expenses, such as dinners, travels, lodging, will not be covered by organizers.
IMPORTANT: Since the summer school is two days before the WEHIA conference, we stress that the two events are "independent". So, researchers participating at the summer school are not automatically allowed to take part to the WEHIA. In case they want, a regular registration to the conference (including the payment of the conference fee) is needed by 20 March.
Alfarano Simone: Universidad Jaume I, Castellón
Assenza, Tiziana: Università Cattolica del Sacro Cuore, Milano
Bottazzi Giulio, Scuola Superiore Sant Anna, Italy
Camacho Eva: Universidad Jaume I, Castellón
Cincotti Silvano: Universita di Genova
George Co-Pierre: University of Cape Town, South Africa,
Lux Thomas: Kiel University
Tedeschi Gabriele: Universidad Jaume I of Castellón
Teglio Andrea: Universidad Jaume I of Castellón
Contacts and Further Information
Further useful information, details, materials, contacts, links, will be available on the Summer School website http://catedrabde.uji.es/wehia/index.html as soon as possible.
For any question please write to email@example.com