Computational Model Library

Displaying 10 of 926 results for "Gert Jan Kramer" clear search

This paper investigates the impact of agents' trading decisions on market liquidity and transactional efficiency in markets for illiquid (hard-to-trade) assets. Drawing on a unique order book dataset from the fine wine exchange Liv-ex, we offer novel insights into liquidity dynamics in illiquid markets. Using an agent-based framework, we assess the adequacy of conventional liquidity measures in capturing market liquidity and transactional efficiency. Our main findings reveal that conventional liquidity measures, such as the number of bids, asks, new bids and new asks, may not accurately represent overall transactional efficiency. Instead, volume (measured by the number of trades) and relative spread measures may be more appropriate indicators of liquidity within the context of illiquid markets. Furthermore, our simulations demonstrate that a greater number of traders participating in the market correlates with an increased efficiency in trade execution, while wider trader-set margins may decrease the transactional efficiency. Interestingly, the trading period of the agents appears to have a significant impact on trade execution. This suggests that granting market participants additional time for trading (for example, through the support of automated trading systems) can enhance transactional efficiency within illiquid markets. These insights offer practical implications for market participants and policymakers aiming to optimise market functioning and liquidity.

The three-day participatory workshop organized by the TISSS Lab had 20 participants who were academics in different career stages ranging from university student to professor. For each of the five games, the participants had to move between tables according to some pre-specified rules. After the workshop both the participant’s perception of the games’ complexities and the participants’ satisfaction with the games were recorded.

In order to obtain additional objective measures for the games’ complexities, these games were also simulated using this simulation model here. Therefore, the simulation model is an as-accurate-as-possible reproduction of the workshop games: it has 20 participants moving between 5 different tables. The rules that specify who moves when vary from game to game. Just to get an idea, Game 3 has the rule: “move if you’re sitting next to someone who is waring white or no socks”.

An exact description of the workshop games and the associated simulation models can be found in the paper “The relation between perceived complexity and happiness with decision situations: searching for objective measures in social simulation games”.

Potato late blight model

Francine Pacilly | Published Friday, April 13, 2018

The purpose of the model is to simulate the spatial dynamics of potato late blight to analyse whether resistant varieties can be used effectively for sustainable disease control. The model represents an agricultural landscape with potato fields and data of a Dutch agricultural region is used as input for the model. We simulated potato production, disease spread and pathogen evolution during the growing season (April to September) for 36 years. Since late blight development and crop growth is weather dependent, measured weather data is used as model input. A susceptible and late blight resistant potato variety are distinguished. The resistant variety has a potentially lower yield but cannot get infected with the disease. However, during the growing season virulent spores can emerge as a result of mutations during spore production. This new virulent strain is able to infect the resistant fields, resulting in resistance breakdown. The model shows how disease severity, resistance durability and potato yield are affected by the fraction of fields across a landscape with a disease-resistant potato variety.

MCA-SdA (ABM of mining-community-aquifer interactions in Salar de Atacama, Chile)

Wenjuan Liu | Published Tuesday, December 01, 2020 | Last modified Thursday, November 04, 2021

This model represnts an unique human-aquifer interactions model for the Li-extraction in Salar de Atacama, Chile. It describes the local actors’ experience of mining-induced changes in the socio-ecological system, especially on groundwater changes and social stressors. Social interactions are designed specifically according to a long-term local fieldwork by Babidge et al. (2019, 2020). The groundwater system builds on the FlowLogo model by Castilla-Rho et al. (2015), which was then parameterized and calibrated with local hydrogeological inputs in Salar de Atacama, Chile. The social system of the ABM is defined and customozied based on empirical studies to reflect three major stressors: drought stress, population stress, and mining stress. The model reports evolution of groundwater changes and associated social stress dynamics within the modeled time frame.

Simulation of the Effects of Disorganization on Goals and Problem Solving

Dinuka Herath | Published Sunday, August 13, 2017 | Last modified Sunday, August 13, 2017

This is a model of the occurrence of disorganization and its impact on individual goal setting and problem-solving. This model therefore, explores the effects of disorganization on goal achievement.

The model represents empirically observed recycling behaviour of Chinese citizens, based on the theory of reasoned action (TRA), the theory of planned behaviour (TPB) and the theory of planned behaviour extended with situational factors (TPB+).

Exploring Transitions towards Sustainable Construction

Jesus Rosales-Carreon César García-Díaz | Published Wednesday, October 30, 2013 | Last modified Saturday, January 31, 2015

This model illustrates actor interaction in the construction sector, according to information gathered in NL. It offers a simple frame to represent diverse interests, interdependencies and effects on the number of built sustainable houses.

EU language skills

Marco Civico | Published Sunday, July 07, 2024

The objective of this agent-based model is to test different language education orientations and their consequences for the EU population in terms of linguistic disenfranchisement, that is, the inability of citizens to understand EU documents and parliamentary discussions should their native language(s) no longer be official. I will focus on the impact of linguistic distance and language learning. Ideally, this model would be a tool to help EU policy makers make informed decisions about language practices and education policies, taking into account their consequences in terms of diversity and linguistic disenfranchisement. The model can be used to force agents to make certain choices in terms of language skills acquisition. The user can then go on to compare different scenarios in which language skills are acquired according to different rationales. The idea is that, by forcing agents to adopt certain language learning strategies, the model user can simulate policies promoting the acquisition of language skills and get an idea of their impact. In this way the model allows not only to sketch various scenarios of the evolution of language skills among EU citizens, but also to estimate the level of disenfranchisement in each of these scenarios.

SiFlo is an ABM dedicated to simulate flood events in urban areas. It considers the water flowing and the reaction of the inhabitants. The inhabitants would be able to perform different actions regarding the flood: protection (protect their house, their equipment and furniture…), evacuation (considering traffic model), get and give information (considering imperfect knowledge), etc. A special care was taken to model the inhabitant behavior: the inhabitants should be able to build complex reasoning, to have emotions, to follow or not instructions, to have incomplete knowledge about the flood, to interfere with other inhabitants, to find their way on the road network. The model integrates the closure of roads and the danger a flooded road can represent. Furthermore, it considers the state of the infrastructures and notably protection infrastructures as dyke. Then, it allows to simulate a dyke breaking.
The model intends to be generic and flexible whereas provide a fine geographic description of the case study. In this perspective, the model is able to directly import GIS data to reproduce any territory. The following sections expose the main elements of the model.

Food supply chain innovations under public pressure

Tim Verwaart Wil Hennen Jan Buurma | Published Friday, April 15, 2016 | Last modified Tuesday, November 27, 2018

Aroused public opinion has led to public debates on social responsibility issues in food supply chains. This model based op opinion dynamics and the linkages between involved actors simulates the public debate leading to the transitions.

Displaying 10 of 926 results for "Gert Jan Kramer" clear search

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