Many critical goods and services in modern-day economies are produced and distributed through complex institutional arrangements. Agent-based computational economics (ACE) modeling tools are capable of handling this degree of complexity. In concrete support of this claim, this study presents an ACE test bed designed to permit the exploratory study of restructured U.S. wholesale power markets wi...

Hedonic house price models typically impose a constant price structure on housing characteristics throughout an entire market area. However, there is increasing evidence that the marginal prices of many important attributes vary over space, especially within large markets. In this paper, we compare two approaches to examine spatial heterogeneity in housing attribute prices within the Tucson, Ar...

THE VARIABILITY OF SEQUENCE-SPACE SYNESTHESIA Sequence-space synesthesia (SSS) is a common condition in which ordinal sequences such as months, numbers or the letters of the alphabet are perceived to occupy spatial locations in the mind’s eye or peripersonal or extrapersonal space (e.g., Price and Mentzoni, 2008; Jonas and Jarick, 2013). For example, thinking about a month may elicit the visuos...

This paper uses firm-level data to determine if there are systematic differences in the export and domestic prices charged by Taiwanese electronics producers. The analysis exploits new micro data that allow us to measure firm-level prices in both the domestic and export market for each of 30 disaggregated products in 1986 and 24 products in 1991. We find a substantial difference in the average ...