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Heterogeneous Agent Models

AEA Papers and Proceedings
Heterogeneous agent models have become central to modern macroeconomic research, often replacing the representative agent framework. However, what is core for these frameworks is the use of microfoundations that involve optimizing behavior. The strength of heterogeneous agent models lies in their ability to address questions where heterogeneity is ...
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Duesenberry Equilibrium and Heterogenous Agents

SIAM Journal on Financial Mathematics, 2020
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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Heterogeneous temporal probabilistic agents

ACM Transactions on Computational Logic, 2006
To date, there has been no work on temporal probabilistic agent reasoning on top of heterogeneous legacy databases and software modules. We will define the concept of aheterogeneous temporal probabilistic(HTP) agent. Such agents can be built on top of existing databases, data structures, and software code bases without explicitly accessing the internal
Jürgen Dix   +2 more
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Heterogeneous-agent asset pricing

SSRN Electronic Journal, 2021
Conventional asset pricing theory suggests that investors receive no compensation for idiosyncratic risk, but several studies indicate that it may play an important role. This paper makes clear exactly when these risks affect asset prices in a comprehensive framework with jumps and heterogeneous recursive preferences.
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Specification of Heterogeneous Agent Architectures

2001
Agent-based software applications need to incorporate agents having heterogeneous architectures in order for each agent to optimally perform its task. HEMASL is a simple meta-language used to specify intelligent agents and multi-agent systems when different and heterogeneous agent architectures must be used.
MARINI S.   +3 more
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Multi-agent Communication Heterogeneity

2015 International Conference on Computational Science and Computational Intelligence (CSCI), 2015
Multi-agent communication represents a fundamental activity to enable efficient knowledge exchange towards the fulfillment of a shared goal. Achieve total automation of communication between intelligent agents is one of the most difficult challenges to overcome.
Maricela Bravo   +3 more
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Introducing Agent Heterogeneity

2018
Under agent heterogeneity will be understood the heterogeneity of consumers or households, which are taken as equivalent terms. Although some attempts to include different economic sectors have been made (e.g. Gertler and Karadi (2009), Doepke et al. (2015), Jin (2010)), those research paths usually delimited themselves to the introduction of financial
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Taming heterogeneous agent architectures

Communications of the ACM, 2008
Using aspect-oriented techniques to construct high-quality multi-agent systems.
Alessandro Garcia, Carlos Lucena
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Searching by heterogeneous agents

Journal of Computer and System Sciences, 2021
In this work we introduce and study a pursuit-evasion game in which the search is performed by heterogeneous entities. We incorporate heterogeneity into the classical edge search problem by considering edge-labeled graphs: once a search strategy initially assigns labels to the searchers, each searcher can be only present on an edge of its own label. We
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Towards Heterogeneous Agent Teams

2001
Agent integration architectures enable a heterogeneous, distributed set of agents to work together to address problems of greater complexity than those addressed by the individual agents themselves. Unfortunately, integrating software agents and humans to perform real-world tasks in a large-scale system remains difficult, especially due to two key ...
Milind Tambe, David V. Pynadath
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