Journal of Economic Interaction and Coordination
Scope & Guideline
Pioneering Research in Business and Economic Coordination.
Introduction
Aims and Scopes
- Agent-Based Modeling (ABM):
The journal emphasizes the use of agent-based modeling as a primary methodology to simulate economic interactions, allowing researchers to explore how individual behaviors and decisions aggregate to influence macroeconomic phenomena. - Heterogeneous Interacting Agents:
A core focus is on economic systems characterized by heterogeneous agents, which reflects the diversity of behaviors and strategies in real-world economic environments. - Complex Economic Dynamics:
Research published in the journal often investigates nonlinear dynamics and complex interactions within economic systems, contributing to the understanding of phenomena such as market crashes, cycles, and systemic risk. - Policy Analysis and Economic Implications:
The journal aims to inform economic policy through empirical and theoretical insights derived from agent-based simulations, particularly in areas such as public finance, environmental policy, and monetary economics. - Interdisciplinary Approaches:
By integrating concepts from economics, sociology, psychology, and computational science, the journal promotes interdisciplinary research that enhances the understanding of economic interactions and their broader societal impacts.
Trending and Emerging
- Sustainability and Green Economics:
There is an increasing focus on the intersection of economic modeling and sustainability, particularly regarding the impacts of green monetary policies and renewable energy financing, reflecting global priorities on environmental issues. - Impact of COVID-19 on Economic Dynamics:
The journal is publishing more studies analyzing the economic implications of the COVID-19 pandemic, particularly through agent-based models that simulate lockdown effects, compliance behaviors, and recovery strategies. - Network Analysis in Economics:
Research employing network analysis to understand financial dependencies and interconnections among agents is on the rise, indicating a growing interest in how network structures influence economic stability and dynamics. - Behavioral Economics and Social Influences:
There is a notable trend towards incorporating behavioral economics principles, exploring how social influences and psychological factors affect market dynamics, asset prices, and decision-making processes. - Financial Market Microstructure:
Emerging themes include detailed investigations into financial market microstructures, with a focus on the behavior of traders and the implications for market efficiency and stability.
Declining or Waning
- Traditional Economic Models:
There is a noticeable decrease in publications centered around traditional economic models that do not incorporate agent-based or complex systems approaches, suggesting a shift towards more innovative methodologies. - Static Analysis of Economic Phenomena:
Research that relies on static analysis or equilibrium models is becoming less frequent, as the journal's focus increasingly favors dynamic modeling that captures the evolving nature of economic interactions. - Macroeconomic Aggregates without Microfoundations:
The journal has seen fewer studies that analyze macroeconomic aggregates without grounding them in the behaviors of individual agents, reflecting a broader trend towards microfoundational approaches in economic research.
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