Heuristic-based behavioural models with an application to macroeconomics.

基于启发式的行为模型及其在宏观经济学中的应用。

• 批准号: DP140103501
• 负责人: Prof Mikhail Anufriev
• 金额: $ 13.19万
• 依托单位: University of Technology Sydney
• 依托单位国家: 澳大利亚
• 项目类别: Discovery Projects
• 财政年份: 2014
• 资助国家: 澳大利亚
• 起止时间: 2014-01-01 至 2018-12-31
• 项目状态: 已结题
• 来源: https://dataportal.arc.gov.au/RGS/Web/Grants/DP140103501
• 关键词: Heuristic; based; behavioural; models; application

This project will develop behavioural micro-foundations for economic models with heterogeneous agents. In these models the interaction of decision rules used by agents leads to complex phenomena at the aggregate level, for example, the cycles of bubbles and crashes. The agents switch between decision rules on the basis of past performance. However, a broad range of specifications of the rules and switching mechanisms has led to many degrees of freedom in modelling. In this project, laboratory experiments with paid human subjects will be used to discipline this modelling. The resulting models will improve macroeconomic and financial policy responses to volatile market conditions.

该项目将针对具有异质代理的经济模型开发行为微观基础。在这些模型中，代理使用的决策规则的相互作用会导致在总级别的复杂现象，例如气泡和崩溃的周期。代理商根据过去的绩效在决策规则之间进行切换。但是，规则和切换机制的广泛规格已导致建模的自由度。在这个项目中，将使用有薪人类受试者进行实验室实验来纪念这种建模。最终的模型将改善对波动市场状况的宏观经济和财务政策响应。