{"id":"https://openalex.org/W3122309695","doi":"https://doi.org/10.1109/wsc.2012.6465037","title":"Agent based model of the E-Mini Future: Application for policy making","display_name":"Agent based model of the E-Mini Future: Application for policy making","publication_year":2012,"publication_date":"2012-12-01","ids":{"openalex":"https://openalex.org/W3122309695","doi":"https://doi.org/10.1109/wsc.2012.6465037","mag":"3122309695"},"language":"en","primary_location":{"id":"doi:10.1109/wsc.2012.6465037","is_oa":false,"landing_page_url":"https://doi.org/10.1109/wsc.2012.6465037","pdf_url":null,"source":{"id":"https://openalex.org/S4363608782","display_name":"Proceedings Title: Proceedings of the 2012 Winter Simulation Conference (WSC)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"conference"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings Title: Proceedings of the 2012 Winter Simulation Conference (WSC)","raw_type":"proceedings-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5056474827","display_name":"Roy Hayes","orcid":"https://orcid.org/0000-0002-9696-0000"},"institutions":[{"id":"https://openalex.org/I51556381","display_name":"University of Virginia","ror":"https://ror.org/0153tk833","country_code":"US","type":"education","lineage":["https://openalex.org/I51556381"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Roy Hayes","raw_affiliation_strings":["University of Virginia, Charlottesville, VA, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Virginia, Charlottesville, VA, USA","institution_ids":["https://openalex.org/I51556381"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5037919937","display_name":"Mark E. Paddrik","orcid":"https://orcid.org/0000-0003-1510-1448"},"institutions":[{"id":"https://openalex.org/I51556381","display_name":"University of Virginia","ror":"https://ror.org/0153tk833","country_code":"US","type":"education","lineage":["https://openalex.org/I51556381"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Mark Paddrik","raw_affiliation_strings":["University of Virginia, Charlottesville, VA, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Virginia, Charlottesville, VA, USA","institution_ids":["https://openalex.org/I51556381"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5111414456","display_name":"Andrew Todd","orcid":null},"institutions":[{"id":"https://openalex.org/I51556381","display_name":"University of Virginia","ror":"https://ror.org/0153tk833","country_code":"US","type":"education","lineage":["https://openalex.org/I51556381"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Andrew Todd","raw_affiliation_strings":["University of Virginia, Charlottesville, VA, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Virginia, Charlottesville, VA, USA","institution_ids":["https://openalex.org/I51556381"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5080120183","display_name":"Steve Y. Yang","orcid":"https://orcid.org/0000-0002-4816-4720"},"institutions":[{"id":"https://openalex.org/I51556381","display_name":"University of Virginia","ror":"https://ror.org/0153tk833","country_code":"US","type":"education","lineage":["https://openalex.org/I51556381"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Steve Yang","raw_affiliation_strings":["University of Virginia, Charlottesville, VA, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Virginia, Charlottesville, VA, USA","institution_ids":["https://openalex.org/I51556381"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5056670558","display_name":"Peter A. Beling","orcid":"https://orcid.org/0000-0003-2196-6982"},"institutions":[{"id":"https://openalex.org/I51556381","display_name":"University of Virginia","ror":"https://ror.org/0153tk833","country_code":"US","type":"education","lineage":["https://openalex.org/I51556381"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Peter Beling","raw_affiliation_strings":["University of Virginia, Charlottesville, VA, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Virginia, Charlottesville, VA, USA","institution_ids":["https://openalex.org/I51556381"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5051468788","display_name":"William T. Scherer","orcid":"https://orcid.org/0000-0002-1069-7898"},"institutions":[{"id":"https://openalex.org/I51556381","display_name":"University of Virginia","ror":"https://ror.org/0153tk833","country_code":"US","type":"education","lineage":["https://openalex.org/I51556381"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"William Scherer","raw_affiliation_strings":["University of Virginia, Charlottesville, VA, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Virginia, Charlottesville, VA, USA","institution_ids":["https://openalex.org/I51556381"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":6,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":25.7049,"has_fulltext":false,"cited_by_count":19,"citation_normalized_percentile":{"value":0.98978289,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":99},"biblio":{"volume":"228","issue":null,"first_page":"1","last_page":"12"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11270","display_name":"Complex Systems and Time Series Analysis","score":0.9997000098228455,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11270","display_name":"Complex Systems and Time Series Analysis","score":0.9997000098228455,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9781000018119812,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.9764000177383423,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/futures-contract","display_name":"Futures contract","score":0.7558990716934204},{"id":"https://openalex.org/keywords/order","display_name":"Order (exchange)","score":0.6523464918136597},{"id":"https://openalex.org/keywords/limit","display_name":"Limit (mathematics)","score":0.6267749071121216},{"id":"https://openalex.org/keywords/set","display_name":"Set (abstract data type)","score":0.6119738817214966},{"id":"https://openalex.org/keywords/financial-market","display_name":"Financial market","score":0.5992953181266785},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.5507930517196655},{"id":"https://openalex.org/keywords/futures-market","display_name":"Futures market","score":0.4435766637325287},{"id":"https://openalex.org/keywords/market-mechanism","display_name":"Market mechanism","score":0.43139564990997314},{"id":"https://openalex.org/keywords/topology","display_name":"Topology (electrical circuits)","score":0.40231001377105713},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.3879493474960327},{"id":"https://openalex.org/keywords/artificial-intelligence","display_name":"Artificial intelligence","score":0.3316310942173004},{"id":"https://openalex.org/keywords/mathematical-economics","display_name":"Mathematical economics","score":0.33148038387298584},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.26977288722991943},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.19378963112831116},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.14977020025253296},{"id":"https://openalex.org/keywords/market-economy","display_name":"Market economy","score":0.1306186020374298},{"id":"https://openalex.org/keywords/electrical-engineering","display_name":"Electrical engineering","score":0.09578996896743774}],"concepts":[{"id":"https://openalex.org/C106306483","wikidata":"https://www.wikidata.org/wiki/Q183984","display_name":"Futures contract","level":2,"score":0.7558990716934204},{"id":"https://openalex.org/C182306322","wikidata":"https://www.wikidata.org/wiki/Q1779371","display_name":"Order (exchange)","level":2,"score":0.6523464918136597},{"id":"https://openalex.org/C151201525","wikidata":"https://www.wikidata.org/wiki/Q177239","display_name":"Limit (mathematics)","level":2,"score":0.6267749071121216},{"id":"https://openalex.org/C177264268","wikidata":"https://www.wikidata.org/wiki/Q1514741","display_name":"Set (abstract data type)","level":2,"score":0.6119738817214966},{"id":"https://openalex.org/C19244329","wikidata":"https://www.wikidata.org/wiki/Q208697","display_name":"Financial market","level":2,"score":0.5992953181266785},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.5507930517196655},{"id":"https://openalex.org/C2983622608","wikidata":"https://www.wikidata.org/wiki/Q2298435","display_name":"Futures market","level":3,"score":0.4435766637325287},{"id":"https://openalex.org/C2777137687","wikidata":"https://www.wikidata.org/wiki/Q5730923","display_name":"Market mechanism","level":2,"score":0.43139564990997314},{"id":"https://openalex.org/C184720557","wikidata":"https://www.wikidata.org/wiki/Q7825049","display_name":"Topology (electrical circuits)","level":2,"score":0.40231001377105713},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3879493474960327},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.3316310942173004},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.33148038387298584},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.26977288722991943},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.19378963112831116},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.14977020025253296},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.1306186020374298},{"id":"https://openalex.org/C119599485","wikidata":"https://www.wikidata.org/wiki/Q43035","display_name":"Electrical engineering","level":1,"score":0.09578996896743774},{"id":"https://openalex.org/C134306372","wikidata":"https://www.wikidata.org/wiki/Q7754","display_name":"Mathematical analysis","level":1,"score":0.0},{"id":"https://openalex.org/C199360897","wikidata":"https://www.wikidata.org/wiki/Q9143","display_name":"Programming language","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1109/wsc.2012.6465037","is_oa":false,"landing_page_url":"https://doi.org/10.1109/wsc.2012.6465037","pdf_url":null,"source":{"id":"https://openalex.org/S4363608782","display_name":"Proceedings Title: Proceedings of the 2012 Winter Simulation Conference (WSC)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"conference"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings Title: Proceedings of the 2012 Winter Simulation Conference (WSC)","raw_type":"proceedings-article"},{"id":"pmh:oai:CiteSeerX.psu:10.1.1.416.7083","is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.416.7083","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://www.informs-sim.org/wsc12papers/includes/files/con257.pdf","raw_type":"text"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[{"id":"https://openalex.org/F4320306132","display_name":"American Society for Engineering Education","ror":"https://ror.org/03ac64295"}],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":16,"referenced_works":["https://openalex.org/W1594574414","https://openalex.org/W1992729745","https://openalex.org/W2054462491","https://openalex.org/W2057537221","https://openalex.org/W2113392085","https://openalex.org/W2161636141","https://openalex.org/W2166990636","https://openalex.org/W2184747980","https://openalex.org/W2226430041","https://openalex.org/W2606543275","https://openalex.org/W2922050312","https://openalex.org/W3098035725","https://openalex.org/W3125113634","https://openalex.org/W3145101236","https://openalex.org/W6635831102","https://openalex.org/W6677032042"],"related_works":["https://openalex.org/W2766336064","https://openalex.org/W2358372366","https://openalex.org/W2385765073","https://openalex.org/W2378215390","https://openalex.org/W3124855771","https://openalex.org/W2071492582","https://openalex.org/W2255786044","https://openalex.org/W2080194917","https://openalex.org/W3147192130","https://openalex.org/W1509488274"],"abstract_inverted_index":{"An":[0],"agent-based":[1],"model":[2,73],"(ABM)":[3],"has":[4],"a":[5,9,13,22,26,31,35,40,44,124],"structure,":[6],"which":[7],"includes":[8,25],"set":[10,27,36],"of":[11,21,28,37,43,62,74,83,92,138],"agents,":[12,51],"topology":[14,57],"and":[15,34,58,90,141],"an":[16],"environment.":[17,69],"A":[18,70],"simplified":[19],"conception":[20],"financial":[23,45,147],"market":[24,29,48,53,66],"participants,":[30],"trading":[32],"mechanism,":[33],"securities.":[38],"In":[39],"typical":[41],"ABM":[42,72,140],"market,":[46],"the":[47,52,56,59,65,68,75,95,108,136],"participants":[49],"are":[50,85,132],"mechanism":[54],"is":[55,67,79,105],"exogenous":[60],"flow":[61],"information":[63],"into":[64],"zero-intelligence":[71],"E-Mini":[76],"Futures":[77],"Market":[78],"presented.":[80],"Several":[81],"classes":[82],"agents":[84],"characterized":[86],"by":[87],"their":[88],"speed":[89],"placement":[91],"orders":[93,117],"within":[94],"limit":[96],"order":[97],"book.":[98],"The":[99,110],"proposed":[100],"minimum":[101,111],"quote":[102,112],"life":[103,113],"rule":[104,114],"implemented":[106],"in":[107],"simulation.":[109],"prevents":[115],"new":[116],"from":[118],"being":[119],"cancelled":[120],"or":[121],"modified":[122],"before":[123],"given":[125],"time":[126],"limit.":[127],"Through":[128],"experimentation,":[129],"tradeoff":[130],"curves":[131],"generated.":[133],"Thereby,":[134],"illustrating":[135],"usefulness":[137],"this":[139],"its":[142],"ability":[143],"to":[144],"inform":[145],"ongoing":[146],"policy":[148],"debates.":[149]},"counts_by_year":[{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":1},{"year":2016,"cited_by_count":6},{"year":2014,"cited_by_count":4},{"year":2013,"cited_by_count":4},{"year":2012,"cited_by_count":2}],"updated_date":"2026-06-11T09:08:48.828518","created_date":"2025-10-10T00:00:00"}
