Adaptive Information Systems and Modelling in Economics and Management Science Book

	Introduction : general scientific concept : aims of SFB 010	15
I	Modeling consumer behavior	21
	Basic concepts and a discrete-time model	23
	A continuous-time ACM model and experiment	45
	Capturing unobserved consumer heterogeneity using the Bayesian heterogeneity model	57
II	Modeling financial markets	71
	Non-linear volatility modeling in classical and Bayesian frameworks with applications to risk management	73
	Expectation formation and learning in adaptive capital market models	99
III	Agent-based simulation models	113
	The artificial economy : a generic simulation environment for heterogeneous agents	115
	Disruptive technologies : the threat and its defense	127
	Agent-based simulation of power markets	145
	A simulation model of coupled consumer and financial markets	159
	Product diversification in an artificial strategy environment	195
IV	Statistical modeling and software development	219
	Parameter estimation and forecasting under asymmetric loss	221
	Identification of multivariate state-space systems	233
	Factor models for multivariate time series	243
	Detecting longitudinal heterogeneity in generalized linear models	253
	Ensemble methods for cluster analysis	261
	Open and extensible software for data analysis in management science	269