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Call for Papers - Workshop on Economics with Heterogeneous Interacting Agents (WEHIA) 2020

Dec 23 2019 13:32 keyboard_arrow_downkeyboard_arrow_up Comment0 language

Many aggregate patterns can be explained as emerging from complex systems of heterogeneous agents, in which the interaction of agents at the micro level forms the macro properties of the economic system, thereby determining the emergence of macro regularities such as economic growth, unemployment, and income distribution. This important link between the micro and macro level of an economic system has not received sufficient attention in the economic theory, which has traditionally been split in the two domains of microeconomics and macroeconomics. Frequently, macroeconomic models are based on a “microfoundation” by assuming that the population consisted of one single representative agent (or an army of "identical clones"). Although this preserves analytical tractability, it causes a relevant reduction in terms of realism.

Agent-based economics opened up new perspectives on the exploration of socially relevant questions and can provide solutions to complex problems that are difficult to study with the methodological standard toolkit of economists. Such a methodology allows for the presence of feedbacks among agents and the economic environment in which they interact, such as the emergence of socio-economic networks with possible contagion effects, the characterization of non-Gaussian distributions, as well as the endogenous appearance of boom and bust cycles.

Main Topics of the Conference:

Agent Based Models (ABMs): theory and computation, calibration and estimation; Macroeconomic ABMs: emergence of dynamic aggregate behavior; Microeconomic ABMs: markets and individual behavior; Economic growth and technical change; Sustainable development and climate change; Complex Dynamics; Economic, Financial and Social Networks; Econophysics: application of statistical physics methods to economic issues; Experimental Economics; Bounded rationality and learning; Evolutionary Game Theory; Economy as a Complex System; Analysis of Wealth and Income Inequality; Emergence of Cooperation; Big Data and Artificial Intelligence in Economics; Spatial agent models and urban complex adaptive systems; Cryptocurrency Research; DSGE models with heterogeneous agents


Submission can be done by email. The first page of the submitted material must contain authors’ affiliations and, at least, three keywords. In case of co-authored research, the first page of submitted material will have to indicate the corresponding author in charge of presenting the paper at the Conference.

Contributions should be submitted in the form of extended abstracts (max 2 pages) as PDF files to: [email protected]

Publication opportunities:

A selection of papers presented at the conference will be considered for publication in a special issue of the Journal of Economic Interaction and Coordination.

Important dates:

Deadline for submissions: 28 February 2020.

Notification of acceptance: 31 March 2020.

Deadline for full paper submissions: 31 May 2020.

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