Private-Value Auction Versus Posted-Price Selling: An Agent-Based Model Approach

Author:

Boyer Christopher N.1,Brorsen B. Wade2,Fain James R.3

Affiliation:

1. Department of Agricultural and Resource Economics; University of Tennessee; Knoxville TN USA

2. Department of Agricultural Economics; Oklahoma State University; Stillwater OK USA

3. Department of Economics and Legal Studies in Business; Oklahoma State University; Stillwater OK USA

Funder

Tennessee Agricultural Experiment Station and USDA National Institute of Food and Agriculture Hatch

Oklahoma Agricultural Experiment Station and USDA National Institute of Food and Agriculture, Hatch

USDA Agriculture and Food Research Initiative

Publisher

Wiley

Subject

Finance,General Business, Management and Accounting

Reference30 articles.

1. Robust evolutionary algorithm design for socioeconomic simulation;Alkemade;Computational Economics,2006

2. Auctions with artificial adaptive agents;Andreoni;Games and Economic Behavior,1995

3. The behavior of the exchange rate in the genetic algorithm and experimental economies;Arifovic;The Journal of Political Economy,1996

4. Outstanding in the field: evaluating auction markets for farmland using multi-agent simulation;Arsenault;Journal of Artificial Societies and Social Simulation,2012

5. Agent-based modeling: methods and techniques for simulating human systems;Bonabeau;Proceedings of the National Academy of Sciences of the United States of America,2002

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1. How information and communication technology affects decision-making on innovation diffusion: An agent-based modelling approach;Intelligent Systems in Accounting, Finance and Management;2018-06-26

2. Designing price-contingent vegetable rotation schedules using agent-based simulation;Journal of Integrative Agriculture;2018-02

3. Alternative Policy Responses to Increased Use of Formula Pricing;Journal of Agricultural & Food Industrial Organization;2017-11-21

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