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Table 8 Hagiu and Halaburda’s model

From: Agent-based models and industrial organization theory. A price-competition algorithm for agent-based models based on Game Theory

Variable

Coefficient (std. err.)

(a) Two-sided, Iteration 0.1

 Simulated price

0.9924** (0.0068)

 N

90

 R\(^{2}\)

0.9959

 F \(_{(1,88)}\)

21,373.90

(b) Two-sided, Iteration 0.05

 Simulated price

0.9201** (0.0055)

 N

90

 R\(^{2}\)

0.9968

 F \(_{(1,88)}\)

27,492.02