Program

13:00	Alberto Botta, Eugenio Caverzasi and Alberto Russo Same old song: On the macroeconomic and distributional effects of leaving a low interest low interest environment (abstract) PRESENTER: Alberto Russo
13:20	Kerstin Hotte, Johannes Lumma, Francois Lafond, Vasco Carvalho and Victor Meirinhos Input-output analysis using large-scale payments data (abstract) PRESENTER: Kerstin Hotte
13:40	Federico Giri, Luca Eduardo Fierro and Alberto Russo Inequality-Constrained Monetary Policy in a Financialized Economy (abstract) PRESENTER: Federico Giri
14:00	Alessio Emanuele Biondo Cultural values and macroeconomic performance (abstract)

13:00-15:00 Session 4B: Economic and Social Networks I

Chair:

Matthias Raddant

Location: Lecture Room P2

13:00	Tobias Reisch, Abhijit Chakraborty, Christian Diem and Stefan Thurner Inequality in economic shock exposures across the global firm-level supply network (abstract) PRESENTER: Tobias Reisch
13:20	Rafael Kothe Connecting the Dots: How Social Networks Shape Macroeconomic Expectations (abstract)
13:40	Matthias Raddant A new method for mapping global phosphorus flows (abstract)

13:00-15:00 Session 4C: Assymetric Information, Prediction & Innovation Difussion

Chair:

Chris Georges

Location: Lecture Room P1

13:00	Emanuele Campiglio, Severin Reissl and Roberta Terranova Speculation in the EU Emission Trading Scheme (abstract) PRESENTER: Roberta Terranova
13:20	Miquel Bassart-i-Loré and Herbert Dawid Green innovation policy in complex landscapes: an agent-based approach (abstract) PRESENTER: Miquel Bassart-i-Loré
13:40	Christian Diem, Andras Borsos, Tobias Reisch, Janos Kertesz and Stefan Thurner Estimating the loss of economic predictability: Comparing industry- and firm-level production network models (abstract) PRESENTER: Christian Diem
14:00	Chris Georges Prediction, Heuristics, and Excess Volatility (abstract)

15:00-16:00Lunch Break: JEIC Board Meeting

Served in the main aula (on the ground Floor)

JEIC Board Meeting will take place in the INNolab room (Ground Floor -- to the left of the P6 auditorium).

15:00-16:00 Session 5: Springer Info Point (after the JEIC Board Meeting)

Presentation of Springer publishing. After the JEIC Board meeting. Location: main aula (ground Floor).

Chair:

Tatiana Plotnikova

Location: Main Aula (ground floor)

16:00-18:00 Session 6A: Evolutionary Game Theory

Chair:

Paolo Pellizzari

Location: Lecture Room P1

16:00	Dmitri Blueschke, Viktoria Blueschke-Nikolaeva and Reinhard Neck An evolutionary approach to obtain a Nash equilibrium in a coalition game (abstract) PRESENTER: Dmitri Blueschke
16:20	Ozlem Yasar, Bilge Ozturk Goktuna and Mehmet Baran Dispence The impact of sanctions and pre-release policies on recidivism (abstract) PRESENTER: Ozlem Yasar
16:40	M. Alperen Yasar Power struggles and gender discrimination in the workplace (abstract)
17:00	Paolo Pellizzari, Luca Gerotto and Marco Tolotti Portfolio allocations, imitation and the equity premium puzzle in an agent-based market. (abstract) PRESENTER: Paolo Pellizzari

16:00-18:00 Session 6B: Experimental Adaptation & Learning

Chair:

Simone Alfarano

Location: Lecture Room P2

16:00	Giulia Iori, Nobuyuki Hanak and Pietro Vassallo Learning and information diffusion in OTC markets: experiments and a computational model (abstract) PRESENTER: Giulia Iori
16:20	Žiga Velkavrh and Aljaž Ule Experiential adaptation in repeated helping game (abstract) PRESENTER: Žiga Velkavrh
16:40	Giorgos Galanis, Joep Lustenhouwer and Giorgio Ricchiuti A fundamentalists' profit's paradox? (abstract) PRESENTER: Giorgos Galanis
17:00	Simone Alfarano, Eva Camacho-Cuena, Annarita Colasante and Alba Ruiz-Buforn The role of dividends in the emergence of bubbles in financial markets: experimental evidence (abstract) PRESENTER: Simone Alfarano

16:00-18:00 Session 6C: Energy, Climate Policy & Trade

Chair:

Martina Maglicic

Location: Lecture Room P3

16:00	Teresa Lackner, Luca Eduardo Fierro and Patrick Mellacher Which climate change mitigation policy pathways are politically durable? A socio-political feasibility assessment (abstract) PRESENTER: Teresa Lackner
16:20	Emanuele Campiglio, Francesco Lamperti, Marko Stojanovic and Roberta Terranova Navigating electoral cycles and investment dynamics under climate policy uncertainty (abstract) PRESENTER: Roberta Terranova
16:40	Tatjana Horvat, Phillip Windischbacher and Vito Bobek The changes in M&A transactions due to the trade dispute between China and the USA (abstract) PRESENTER: Tatjana Horvat
17:00	Martina Maglicic Income inequality in the uptake of environmentally-friendly products and the implications for energy policy (abstract)

16:00-18:00 Session 6D: Incentives & Rationality in Agent-based Models

Chair:

Stephan Leitner

Location: Lecture Room P4

16:00	Sebastiano Della Lena, Alessio Muscillo and Paolo Pin How do you know you (won’t) like it if you’ve never tried it? Preference discovery and strategic bundling (abstract) PRESENTER: Alessio Muscillo
16:20	Luca Gerotto, Antonio Paradiso and Paolo Pellizzari Irrational or asymmetrically averse to losses? A sticky expectations model for households' macroeconomic predictions (abstract) PRESENTER: Luca Gerotto
16:40	Tomasz Makarewicz, Herbert Dawid and Philipp Harting Trend and buybacks. Model of behavioral price expectations with endogenous firm productivity. (abstract) PRESENTER: Tomasz Makarewicz
17:00	Stephan Leitner Incentives and emergent properties of autonomous and decentralized organizations (abstract)

20:00-23:00 Gala dinner

Gala dinner is to take place at Grand Hotel Koper, close to the main conference venue. A desired dress code for the gala dinner is smart casual.

Location of the gala dinner

Friday, June 23rd

View this program: with abstracts session overview talk overview

09:00-11:00 Session 7A: Agent-based Macro Models II

Chair:

Domenico Delli Gatti

Location: Lecture Room P4

09:00	Andrea Teglio and Michele Catalano Myopic Agents on a stable path: a neoclassical growth model with rule-based expectations and interacting agents (abstract) PRESENTER: Michele Catalano
09:20	Samantha Coccia and Alberto Russo Inequality and transmission channels of monetary policy in a macro agent-based model (abstract) PRESENTER: Samantha Coccia
09:40	Hannah Engljaehringer Monetary Policy and Distribution: An agent-based perspective (abstract)
10:00	Bence Mérő, András Borsos, Zsuzsanna Hosszú, Nikolett Vágó and Zsolt Olah Size does matter - The optimal choice of scaling in economic agent-based models (abstract) PRESENTER: Zsolt Olah
10:20	Domenico Delli Gatti, Enrico Maria Turco and Roberta Terranova Mind the knowledge gap! Exploring the causes of declining business dynamism in a macro agent-based model (abstract) PRESENTER: Domenico Delli Gatti

09:00-11:00 Session 7B: Economic & Social Networks II

Emiliano Alvares will have an online presentation via ZOOM. The technology will be arranged prior the session for this purpose.

Chair:

Elisa Grugni

Location: Lecture Room P2

09:00	Emiliano Alvarez, Juan Gabriel Brida and Martha Alatriste-Contreras Diffusion analysis of inflationary shocks in the Mexican economy. A study using dynamic network analysis. (abstract) PRESENTER: Emiliano Alvarez
09:20	Maykol Rodriguez Prieto and Jorge Marco Natural resources on networks in conflict (abstract) PRESENTER: Maykol Rodriguez Prieto
09:40	Elisa Grugni and Giorgio Ricchiuti Behind The International Trade Network: The Role of Heterogeneity and Financial Frictions (abstract) PRESENTER: Elisa Grugni

09:00-11:00 Session 7C: Spatial Agent-based Models & Social Ecology

Chair:

Benjamin Patrick Evans

Location: Lecture Room P3

09:00	Antonio Lopolito, Rocco Caferra and Piergiuseppe Morone Exploitation, fast and low: modelling contagious cooperation in socio-ecological systems (abstract) PRESENTER: Rocco Caferra
09:20	Benjamin Patrick Evans and Kirill Glavatskiy A multi-agent model of economic and spatial driven migration in the Australian housing market (abstract) PRESENTER: Benjamin Patrick Evans

09:00-11:00 Session 7D: Financial Markets I

Chair:

Laura Mazzarino

Location: Lecture Room P1

09:00	Leonardo Bargigli and Jiri Kukacka Investor sentiment in high frequency financial data (abstract) PRESENTER: Leonardo Bargigli
09:20	Armin Aminian Hush the rush: Short-selling bans in times of stress (abstract)
09:40	Tommaso Di Francesco and Cars Hommes Sentiment-Driven Speculation in Financial Markets with Heterogeneous Beliefs: a Machine Learning approach (abstract) PRESENTER: Tommaso Di Francesco
10:00	Laura Mazzarino and Alessio Emanuele Biondo Trading strategies and Financial Performances: a simulation approach (abstract) PRESENTER: Laura Mazzarino

11:00-11:30Coffee Break

Served in the main aula (on the ground Floor)

11:30-12:30 Session 8: Economic Effects of Aritifical Intelligence: a Case for Agent-based Simultations

Plenary session: Herbert Dawid

Chair:

Mitja Steinbacher

Location: Large Auditorium (P6)

11:30

Herbert Dawid

Economic Effects of Aritifical Intelligence: a Case for Agent-based Simultations

13:00-14:00Lunch Break

Served in the main aula (on the ground Floor)

13:00-14:00 Session 9: Springer Info Point

Chair:

Tatiana Plotnikova

14:00-16:00 Session 10A: Agent-based Models & Micro Simulation

Chair:

Remco Zwinkels

Location: Lecture Room P1

14:00	Filippo Gusella, Domenico Delli Gatti, Tommaso Ferraresi, Lilit Popoyan, Giorgio Ricchiuti and Andrea Roventini The interplay between real and exchange rate market: an agent-based model approach (abstract) PRESENTER: Filippo Gusella
14:20	Alessandro Taberna, Tatiana Filatova, Brayton Noll and Liz Verbeek Exploring the effects of heterogeneity and bounded-rationality on household climate change adaptation behavior (abstract) PRESENTER: Liz Verbeek
14:40	Mitja Steinbacher Mitigating Business Cycles by Counter-cyclical Capital Buffers in a Standard Bank-Firm Model: The Credit-matching Approach (abstract)
15:00	Remco Zwinkels Expectation Formation in Financial Markets: Heterogeneity and Sentiment (abstract)

14:00-16:00 Session 10B: Machine Learning & Artificial Intelligence

Joel Dyer will have an online presentation via ZOOM. The technology will be arranged prior the session for this purpose.

Chair:

Julide Yazar

Location: Lecture Room P2

14:00	Arnau Quera-Bofarull, Ayush Chopra, Anisoara Calinescu, Michael Wooldridge and Joel Dyer Bayesian calibration of differentiable agent-based models (abstract) PRESENTER: Joel Dyer
14:20	Clemens Knoppe, Mikaella Zitti and Mariia Okuneva Salmon stock returns around market news (abstract) PRESENTER: Clemens Knoppe
14:40	Aldo Glielmo, Marco Favorito, Debmallya Chanda and Domenico Delli Gatti Reinforcement learning for combining search methods in the calibration of economic ABMs (abstract) PRESENTER: Domenico Delli Gatti
15:00	Julide Yazar A novel likelihood-free Bayesian approach for calibration of agent-based models using Conditional Variational Autoencoders (abstract)

14:00-16:00 Session 10C: Agent-based Macro Models III

Chair:

Jessica Reale

Location: Lecture Room P3

14:00	Pablo Bortz, Ermanno Catullo and Eugenio Caverzasi Carry Trade Instability and Macroprudential Policies: an Agent based SFC model (abstract) PRESENTER: Ermanno Catullo
14:20	Luca Eduardo Fierro, Severin Reissl, Andrea Roventini, Massimo Tavoni, Laurent Drouet, Johannes Emmerling, Emanuele Campiglio and Francesco Lamperti Macroeconomic Transition Risks in a Hybrid Agent-Based Integrated Assessment Model (abstract) PRESENTER: Luca Eduardo Fierro
14:40	Jessica Reale and Alessio Emanuele Biondo Cultural values and interbank markets: a hybrid AB-SFC model (abstract) PRESENTER: Jessica Reale

14:00-16:00 Session 10D: Health, Environment & Tourism

Chair:

Giorgio Ricchiuti

Location: Lecture Room P4

14:00	Davide Bazzana, Massimiliano Carlo Pietro Rizzati, Emanuele Ciola, Enrico Turco and Sergio Vergalli Warming the MATRIX: A climate assessment (abstract) PRESENTER: Massimiliano Carlo Pietro Rizzati
14:20	Jan Frančeškin and Štefan Bojnec IMPACT OF TOURIST VOUCHERS ON THE EFFICIENCY OF THE SLOVENIAN HOSPITALITY SECTOR (abstract) PRESENTER: Jan Frančeškin
14:40	Patrick Mellacher and Simon Plakolb The Impact of Vaccine Nationalism: An Agent-based Approach (abstract) PRESENTER: Patrick Mellacher
15:00	Giorgio Galanis, Giorgio Ricchiuti and Ben Tippet The Global Political Economy of a Green Transition (abstract) PRESENTER: Giorgio Ricchiuti

16:00-16:30Coffee Break

Served in the main aula (on the ground Floor)

Saturday, June 24th

View this program: with abstracts session overview talk overview

09:00-11:00 Session 11A: Financial Markets II

Pierre Gosselin will have an online presentation via ZOOM. The technology will be arranged prior the session for this purpose.

Chair:

Matteo Marsili

Location: Lecture Room P1

09:00	Pierre Gosselin, Aïleen Lotz and Marc Wambst Financial Markets and the Real Economy: A Statistical Field Perspective on Capital Allocation and Accumulation (abstract) PRESENTER: Pierre Gosselin
09:20	Taisei Kaizoji A Theory of Speculative Bubbles and Crashes (abstract)
09:40	Matteo Marsili On information and interaction in financial markets (abstract)

09:00-11:00 Session 11B: Behavior & Expectation Formation in ABM

Chair:

Prescott Morley

Location: Lecture Room P2

09:00	Christian Proaño and Naira Kotb Monetary Policy, Stock Prices and Temporal Aggregation in a New Keynesian Model with Behavioural Expectations (abstract) PRESENTER: Naira Kotb
09:20	Christian Proaño, Corrrado Di Guilmi and Giorgos Galanis A Baseline Model of Behavioral Political Cycles and Macroeconomic Fluctuations (abstract) PRESENTER: Christian Proaño
09:40	Prescott Morley Reference Group Definition and the Shape of Expenditure Cascades (abstract)

09:00-11:00 Session 11C: Local Interaction, Self-organization & Incomplete Information

Chair:

Friederike Wall

Location: Lecture Room P3

09:00	Nicola Visona and Luca Riccetti Agent based models as credible counterfactuals for economic history (abstract) PRESENTER: Nicola Visona
09:20	Friederike Wall Incomplete Incentive Contracts and Mutual Trust: An Agent-based Model on Economics of Reciprocity (abstract)

09:00-11:00 Session 11D: Agent-based Macro Models IV

Presenter of the 1st paper in this session will be Zsolt Olah.

Chair:

Alessandro Caiani

Location: Lecture Room P4

09:00	András Borsos, Zsuzsanna Hosszú, Bence Mérő and Nikolett Vágó Comprehensive evaluation of borrower-based macroprudential policies with a high-resolution agent-based model (abstract) PRESENTER: Zsuzsanna Hosszú
09:20	Nikolett Vago, Zsuzsanna Hosszú, Bence Mérő and András Borsos The evaluation of demand- and supply-side policy schemes supporting first-time home buyers based on a High-Resolution Agent-based Model (abstract) PRESENTER: Nikolett Vago
09:40	Patryk Kubiczek, Kilian Kuhla and Christian Otto Modeling sub-annual price and trade flow anomalies in agricultural markets: the dynamic agent-based model Agrimate (abstract) PRESENTER: Kilian Kuhla
10:00	Alessandro Caiani and Ermanno Catullo Fiscal Transfers and Common Debt in a Monetary Union: A Multi-Country Agent Based-Stock Flow Consistent Model (abstract) PRESENTER: Alessandro Caiani