SIEC
Univ. of Ancona - Faculty of Economics
Dept. of Economics

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2nd Workshop
on
Economics with Heterogeneous Interacting Agents

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30-31 May - Ancona, Italy

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Programme

Accomodation

How to reach Ancona

We thank the institutions that contributed to the organisation of the Workshop:

Azienda Promozione Turistica di Ancona

Friday, 30 May 1997

Aula Magna - University of Ancona - Faculty of Economics
P.zza Stracca 2

9.30 Opening Welcome

• Ugo Ascoli Dean of the Faculty of Economics
• Paolo Ercolani Director of the Department of Economics
• Mauro Gallegati Programme Committee- University of Teramo

10.00 Coffee break

10.30 Plenary session: Aula Magna

Chairman: Gerard Silverberg                    MERIT       

• Francesco Luna                            University of Venice Cà Foscari
  Induction and Firm Creation
  DISCUSSANT:   Domenico Delli Gatti
  (paper word zipped)
• Reiner Franke                                 University of Bremen
  Behavioural Heterogeneity and Genetic Algoritm Learning in the Cobweb Model
  DISCUSSANT:   Moss Scott    
  (abstract) (paper zipped .ps)
• Edoardo Gaffeo                                  University of Ancona
  Competition-Led Endogenous Growth with Localized Technological Change
  DISCUSSANT:   

13.00 Lunch

15.00 Parallel Sessions

Session 1 Macroeconomics & Growth - Room III

Chairman: Valeriano Balloni                       University of Ancona

• Gian Italo Bischi                                  University of Urbino
  Mauro Gallegati                                  University of Teramo
  Ahmad Naimzada                               University of Milan, Bocconi
  Simmetry-Breaking Bifurcations and Representative Firm in Dynamic Duopoly Games
  DISCUSSANT: Domenico Delli Gatti  
• Etienne Billete de Villemeur                   European University Institute
  Heterogeneity and Stability: Variation on Scarf Process
  DISCUSSANT:   Edoardo Gaffeo    (abstract)(paper postscript)
• Raimondello Orsini                             University of Bologna
  Positional Competition, Social Mobility and Growth
  DISCUSSANT: Maurizio Donato     
  (paper .tex)

Session 2: Learning & Genetic Algorithm - Room II

Chairman: Reiner Franke                               University of Bremen

• Andreas Birk                                        Vrji e Universiteit Brussel
  Julie Wiernik                                         V rjie Universiteit Brussel
  Economic Aspects of Real-world Ecosystem Featuring Several Robot Species
  DISCUSSANT:   Moss Scott          
  (paper postscript)
• Antonio Palestrini                               University of Ancona
  Mauro Gallegati                                 University of Teramo
  Domenico Delli Gatti           Università Cattolica di Milano
  Heterogeneous Agents financial fragility and Learning
  DISCUSSANT:   Rainer Franke
  (paper zipped)
• Moss Scott                                        Manchester Metropolitan University
  Verification and Validation Issues for Computational Models of Systems with Heterogeneous Agents
  DISCUSSANT:   Roberto Tamborini

Session 3: Econometrics and Numerical Simulations - Room I

Chairman: Alan Kirman

• Huw Dixon                                       University of York
  Paolo Lupi                                        University of York
  Learning with a known Average: A Simulation Model of Alternative Learning Rules
  DISCUSSANT:   Bauke Visser                  ( paper zipped postscript)
• Topa Giorgio                                     University of New York
  Social Interaction, local spillover and unemployment
  DISCUSSANT:   Paolo Lupi                    (paper postcript)
• Uwe Cantner - Andreas Pyka
  Innovation Strategies and Endogenous Spillovers
  DISCUSSANT:   Alessandro Sterlacchini
  (abstract) (paper word zipped)

16.45 Coffee Break

17.15 Parallel Sessions

Session 1 Macroeconomics & Growth - Room III

Chairman: Roberto Tamborini                       University of Trento

• Fabio Fiorillo                                       Universi ty of Ancona
  Rate of growth and sector specialisation coevolution in an export led growth model
  DISCUSSANT: Francesco Trombetta     
  (abstract) (paper)
• Tommaso Luzzati                                University of Ancona
  Social norms and individual sanctioning
  DISCUSSANT:   Emilio Barucci    (abstract)

Session 2: Learning & Genetic Algorithm - Room II

Chairman: Scott Moss                                     Manchester Metropolitan University

• Sonja Nokvotic                                   Saint Mary's University
  Davor Sverko                                     Saint Mary's University
  Genetic Waste and the Role of Diversity in Genetic Algorithm Simulation
  DISCUSSANT:   Herbert Dawid  (paper word zipped)
• Herbert Dawid                                     University of Southern California
  Genetic Learning in Double Auctions
  DISCUSSANT: Edoardo Gaffeo    
  (paper zipped postscript)
  

Session 3: Econometrics and Numerical Simulations - Room I

Chairman: Marco Lippi                              University of Rome

• Thomas Lux                                     University of Bamberg
  Time Variation of Second Moments from a Multi-agent Trader Infection Models
  DISCUSSANT:   Ivailo Izvorski     (abstract)
• Claudio Michelacci                             London School of Economics
  The Macroeconometrics of Cross Sectional Heterogeneity
  DISCUSSANT:    Luca Stanca
  (paper postscript)

18.30 Meeting on Future Researches and Projects

Saturday, 31 May 1997

9.30 Parallel Sessions

Session 1: Macroeconomics & Growth - Room III

Chairman: Domenico Delli Gatti                     University of Milan - Cattolica

• Luciano Mauro                                   University of Trieste
  Competing pressure Group, Income Distribution and Growth
  DISCUSSANT:   Tommaso Luzzati
• Stefano Santacroce                            University of Ancona
  Stefano Staffolani                               University of Ancona
  Fabio Fiorillo                                     University of Ancona
  Monopsonistic Competition with Heterogernous Workers
  DISCUSSANT:   Robert Martel (paper)
• Roberto Tamborini                            University of Trento
  A macroeconomic model of bankruptcy
  DISCUSSANT:   Domenico Delli Gatti  (abstract) (paper)

Session 2: Learning and Genetic Algorithm - Room II

Chairman: Francesco Luna                           University of Venice - Ca' Foscari

• Almaz Mustafin                                   Academy of Science
  Re-examining the Idea of Natural Selection in Technological Change
  DISCUSSANT: Tommaso Luzzati     
  (paper word zipped)
• Emilio Barucci                                  University of Firenze
  Martin Posch                                    University of Firenze
  The Rise of Complex Beliefs Dinamics
  DISCUSSANT: Reiner Franke 
• Bauke Visser                                    European University Institute
  Organizational Structure and Performance
  DISCUSSANT:   Francesco Luna (paper postscript)

Session 3: Econometrics and Numerical Simulations - Room I

Chairman: Marco Lippi                              University of Rome

• Ivailo Izvorsky                                 Yale University
  Asset Pricing with Heterogeneous Agents
  DISCUSSANT:   Craig Hiemstra     
  (paper postscript)
• Gerald Silverberg                              MERIT
  Bart Vespagen                                  MERIT
  Of Artificial and Real Worlds, or From Modeling to Econometric Metaphor
  DISCUSSANT:   Mauro Gallegati
  (paper)

11.15 Coffee Break

11.45 Parallel Sessions

Session 1 Macroeconomics & Growth - Room III

Chairman : Mauro Gallegati                                University of Teramo

• Micheal Goldberg                                 University of New Hampshire
  Robert J. Martel                                   University of New Hampshire
  Endogenous Elasticity of Heterogeneous Labor Supply
  DISCUSSANT:   Thomas Renstrom
• Thomas I. Renstrom                             University of Birmingham
  Relative Capital Accumulation with Heterogeneous Individuals
  DISCUSSANT:   Mauro Gallegati   (abstract) (paper)

Session 3: Econometrics and Numerical Simulations - Room I

Chairman: Giorgio Rampa             University of Genova

• C. Hiemstra                                     University of Strathclyde
  An Empirical Analysis of Noise Trader Behaviour using Structural Econometric model
  DISCUSSANT:   Thomas Lux     (abstract)
• Luca Stanca                                       University of Ancona
  Mauro Gallegati                                 University of Teramo
  Domenico Delli Gatti                         Università Cattolica di Milano
  Financial Fragility, Heterogeneous Agents and Aggregate Fluctuations: Evidence from a Panel of U.S. firms
  DISCUSSANT:   Riccardo Lucchetti
  

Non scientific activities

Thursday 29th May, 1997

18.30 - 20.30 Guided tour of the Town of Ancona

(Offered by the Town Council of Ancona)

Friday 30th May, 1997

13.15 Lunch

20.00 Dinner at the restaurant "La Capannina", Portonovo di Ancona

(40.000 Italian Lire)

Saturday, 31 May, 1997

13.15 Lunch

14.30 -19.30 Guided tours on the naturalistic Park of Monte Conero,
                      Portonovo and Sirolo beach, the villages of Sirolo and Numana

(Offered by the Local Tourism office)

SCIENTIFIC COMMITTEE:

1. Hommes Cars - University of Amsterdam, The Netherlands
2. Carl Chiarella - University of Technology, Sidney, Australia
3. Marco Crivellini - University of Ancona, Italy
4. Mohamed Dore - Brock University, St Catharines, Canada
5. Reiner Franke - University of Bremen, Germany
6. Daniel Friedman - University of California, Santa Cruz
7. Alan Kirman - GREQAM EHESS et Université d'Aix-Marseille III, France
8. Marco Lippi - University of Rome - Italy

PROGRAMME COMMITTEE:

1. Alberto Bucci - University of Ancona, Italy
2. Domenico Delli Gatti - Università Cattolica di Milano, Italy.
3. Fabio Fiorillo - University of Ancona, Italy
4. Edoardo Gaffeo - University of Ancona, Italy
5. Mauro Gallegati - University of Teramo, Italy
6. Stefano Staffolani - University of Ancona, Italy
7. Tommaso Luzzati - University of Ancona, Italy

SECRETARY

1. Lorella Falcetelli
2. Graziano Franzoni
3. Savina Carluccio

tel +39 71 2203927 / +39 71 2203901
fax +39 71 53621

E-Mail: siec@deanovell.unian.it
            http://wwwecon.unian.it/dipartimento/siec/