Artificial Markets Mimic Real-World Trends, Unlock Economic Insights
This article explores how different computer models can mimic real-world economic markets. The researchers use a special computer program called SABCEMM to create and test these models. By mixing up existing models and running simulations, they find that these new models can show the same patterns seen in actual markets. This is significant because it helps us understand how markets work and how we could predict their behavior. The code used in the study is available for anyone to check and use, making the results transparent and accessible for further research.