Eric is a Research Fellow in the Complexity programme at the MRC/CSO Social and Public Health Unit at the University of Glasgow, working on agent-based simulation approaches to complex public health issues. Prior to this he was a Research Lecturer/Senior Lecturer in Artificial Intelligence and Interactive Systems in the School of Computing at Teesside University. Before working at Teesside, he worked on the CLC Project at the University of Southampton, a multidisciplinary project which focuses on the application of complexity science approaches to the social science domain.
Eric received a BA with Honours in Psychology from Pennsylvania State University, and a PhD from the School of Computing at the University of Leeds. After his PhD, he worked as a JSPS Postdoctoral Research Fellow at the University of Tokyo, conducting research in computer simulation and robotics.
In this paper, we explore the dynamic of stock prices over time by developing an agent-based market. The developed artificial market comprises of heterogeneous agents occupied with various behaviors and trading strategies. To be specific, the agents in the market may expose to overconfidence, conservatism or loss aversion biases. Additionally, they may employ fundamental, technical, adaptive (neural network) strategies or simply being arbitrary agents (zero intelligence agents). The market has property of direct interaction. The environment takes the form of network structure, namely, it takes the manifestation of scale-free network. The information will flow between the agents through the linkages that connect them. Furthermore, the tax imposed by the regulator is investigated. The model is subjected to goodness of fit to the empirical observations of the S\&P500. The fitting of the model is refined by calibrating the model parameters through heuristic approach, particularly, scatter search. Conclusively, the parameters are validated against normality, absence of correlations, volatility cluster and leverage effect using statistical tests.
The Ph.D. research project is mainly focused on the study of the influence of emotional intelligence inside decision-making processes and on the social and emotional aspects of organizations.Furthermore, the research has taken into account the generative science paradigm: in this way, the general aim is the development of social simulations able to account organizational processes related with emotions and with the emotional intelligence from the bottom-up.
I am major in Management Science and Engineering. My interests lie in agent-based modeling, collective intelligence, knowledge diffusion, and cooperation evolution.
I discovered at the same time Agent-Based Modeling method and Companion Modelling approach during my master degrees (engeenering and artificial intelligence and decision) internship at CIRAD in 2005 and 2006 where I had the opportunity to participate as a modeller to a ComMod process (Farolfi et al., 2010).
Then, during my PhD in computer Science applied to Modeling and Simulation, I learned the Theory of Modeling and Simulation and the Discrete EVent System specification formalism and proposed a conceptual, formal and operational framework to evaluate simulation models based on the way models are used instead of their ability to reproduce the target system behavior (Bonté et al., 2012). Applied to the surveillance of Epidemics, this work was rather theoritical but very educative and structuring to formulate my further models and research questions about modeling and simulation.
From 2011 to 2013, I worked on viability theory applied to forest management at the Compex System Lab of Irstea (now Inrae) and learned about the interest of agregated models for analytical results (Bonté et al, 2012; Mathias et al, 2015).
Since 2013, I’m working for Inrae at the joint The Joint Research Unit “Water Management, Actors, Territories” (UMR G-EAU) where I’m involved in highly engaging interdisciplinary researches such as:
- The Multi-plateforme International Summer School about Agent Based Modelling and Simulation (MISSABMS)
- The development of the CORMAS (COmmon Pool Resources Multi-Agents Systems) agent-based modeling and simulation Platform (Bommel et al., 2019)
- Impacts of the adaptation to global changes using computerised serious games (Bonté et al., 2019; Bonté et al. , 2021)
- The use of experimentation to study social behaviors (Bonté et al. 2019b)
- The impact of information systems in SES trajectories (Paget et al., 2019a)
- Adaptation and transformations of traditional water management and infrastructures systems (Idda et al., 2017)
- Situational multi-agent approaches for collective irrigation (Richard et al., 2019)
- Combining psyhcological and economical experiments to study relations bewteen common pool resources situations, economical behaviours and psychological attitudes.
My research is about modelling and simulation of complex systems. My work is to use, and participate to the development of, integrative tools at the formal level (based on the Discrete EVent System Specification (DEVS) formalism), at the conceptual level (based on integrative paradigms of different forms such as Multi-Agents Systems paradigm (MAS), SES framework or viability theory), and at the level of the use of modelling and simulation for collective decision making (based on the Companion Modelling approach (ComMod)). Since 2013 and my integration in the G-EAU mixt research units, my object of studies were focused on multi-scale social and ecological systems, applied to water resource management and adaptation of territories to global change and I added experimentation to my research interest, developping methods combining agent-based model and human subjects actions.
See my website for details.
I have only just started becoming active in research/agent based modeling.
I find agent based computational economics interesting. I would also be interested in combining agent based modeling to explore cultural anthropology, government policies, socioeconomic stratification, and the diffusion of information.