Publications

Department Publications by Field

Methodology and History of Economic Thought

Separation and Volatility of Locational Marginal Prices in Restructured Wholesale Power Markets: Author(s): Hongyan Li, Junjie Sun, Leigh S. Tesfatsion; ISU Economics Working Paper #09009, June 9, 2009; [Abstract] [Download PDF]
An Agent-Based Test Bed Study of Wholesale Power Market Performance Measures: Author(s): Abhishek Somani, Leigh S. Tesfatsion; IEEE Computational Intelligence Magazine, Vol. 3, No.4, pp. 56-72, November, 2008; [Abstract] [Publisher's Link]
Dynamic LMP Response Under Alternative Price-Cap and Price-Sensitive Demand Scenarios: Author(s): Hongyan Li, Junjie Sun, Leigh S. Tesfatsion; IEEE Proceedings, Power and Energy Society, Piscataway, NJ, July/August 2008; [Abstract] [Download PDF] [Publisher's Link]
Modeling Macroeconomies as Open-Ended Dynamic Systems of Interacting Agents: Author(s): Blake LeBaron, Leigh S. Tesfatsion; American Economic Review (Papers and Proceedings), Vol. 98, No.No. 2, pp. 246-250, 2008; [Abstract] [Download PDF] [Publisher's Link]
Understanding Biofuels Economic Impact Claims: Author(s): David A. Swenson; ECON Staff Report, April 1, 2007; [Abstract] [Download PDF]
Determining the Methods for Measuring the Economic and Fiscal Impacts Associated with Organic Crop Conversion in Iowa: Author(s): David A. Swenson; ECON Staff Report, April 1, 2007; [Abstract] [Download PDF] [Publisher's Link]
Agents Come to Bits: Towards a Constructive Comprehensive Taxonomy of Economic Entities: Author(s): Leigh S. Tesfatsion; Journal of Economic Behavior and Organization, Vol. 63, No.2, pp. 333-346, 2007; [Abstract] [Download PDF] [Publisher's Link]
Modeling of Suppliers Learning Behaviors in an Electricity Market Environment: Author(s): Nanpeng Yu, Chen-Ching Liu, Leigh S. Tesfatsion; International Journal of Engineering Intelligent Systems, Vol. 15, No.2, pp. 115-121, 2007; [Abstract] [Download PDF] [Publisher's Link]
Determining the Regional Economic Values of Ethanol Production in Iowa Considering Different Levels of Local Investment: Author(s): David A. Swenson, Liesl Eathington; ECON Staff Report, September 1, 2006; [Abstract] [Download PDF] [Publisher's Link]
Agent-Based Computational Modeling And Macroeconomics: Author(s): Leigh S. Tesfatsion; Post Walrasian Macroeconomics: Beyond the Dynamic Stochastic General Equilibrium Model, Cambridge University Press, Cambridge, UK, Spring, 2006; [Abstract] [Download PDF] [Publisher's Link]
Handbook of Computational Economics, Vol. 2: Agent-Based Computational Economics: Author(s): Leigh S. Tesfatsion, Kenneth L. Judd; Handbooks in Economics Series, Elsevier/North-Holland , Amsterdam, the Netherlands, pp. 904, Spring, 2006; [Abstract] [Download PDF] [Publisher's Link]
State Trading Enterprises in a Differentiated Product Environment: The Case of Global Malting Barley Markets: Author(s): Fengxia Dong, Thomas L. Marsh, Kyle W. Stiegert; American Journal of Agricultural Economics, Vol. 88, No.1, pp. 90-103, February, 2006; [Abstract]
Agent-Based Computational Economics: A Constructive Approach to Economic Theory: Author(s): Leigh S. Tesfatsion; Handbook of Computational Economics, Vol. 2: Agent-Based Computational Economics, North-Holland/Elsevier, Amsterdam, the Netherlands, 2006; [Abstract] [Download PDF] [Publisher's Link]
A Guide for Newcomers to Agent-Based Modeling in the Social Sciences: Author(s): Robert Axelrod, Leigh S. Tesfatsion; Handbook of Computational Economics, Vol. 2: Agent-Based Computational Economics, North Holland/Elsevier, Amsterdam, the Netherlands, 2006; [Abstract] [Download PDF] [Publisher's Link]
Market Design Test Environments: Author(s): Steven Widergren, Junjie Sun, Leigh S. Tesfatsion; IEEE Proceedings, Power and Energy Society, Piscataway, NJ, 2006; [Abstract] [Download PDF] [Publisher's Link]
An Agent-Based Computational Laboratory for Testing the Economic Reliability of Wholesale Power Market Designs: Author(s): Deddy Koesrindartoto, Junjie Sun, Leigh S. Tesfatsion; Energy, Environment, and Economics in a New Era, IEEE , San Francisco, California, June, 2005; [Abstract] [Download PDF] [Publisher's Link]
Meetings with costly participation: an empirical analysis: Author(s): Matthew Turner, Quinn Weninger; Review of Economic Studies, Vol. 72, No.1, pp. 247-268, January, 2005; [Abstract] [Download PDF] [Publisher's Link]
Testing Commitment Models of Monetary Policy: Evidence from OECD Economies: Author(s): Matthew Doyle, Barry L. Falk; ISU Economics Working Paper #04015, July 13, 2004; [Abstract] [Download PDF]
Testing the Reliability of FERC's Wholesale Power Market Platform: An Agent-Based Computational Economics Approach: Author(s): Deddy P. Koesrindartoto, Leigh S. Tesfatsion; Energy, Environment, and Economics in a New Era, United States Association of Energy Economics, Electronic Publication, Washington, D. C., pp. 1-10, July, 2004; [Abstract] [Download PDF] [Publisher's Link]
Agent-Based Computational Economics: Modeling Economies as Complex Adaptive Systems: Author(s): Leigh S. Tesfatsion; Information Sciences, Vol. 149, pp. 263-269, 2003; [Abstract] [Download PDF] [Publisher's Link]
Hysteresis in an Evolutionary Labor Market with Adaptive Search: Author(s): Leigh S. Tesfatsion; Evolutionary Computation in Economics and Finance, Physica-Verlag Heidelberg, New York, N.Y., pp. 189-210, 2002; [Abstract] [Download PDF] [Publisher's Link]
Agent-Based Computational Economics: Growing Economies from the Bottom Up: Author(s): Leigh Tesfatsion; Artificial Life, Vol. 8, No.1, pp. 55-82, 2002; [Abstract] [Publisher's Link]
Guest Editorial: Agent-Based Modeling of Evolutionary Economic Systems: Author(s): Leigh S. Tesfatsion; IEEE Transactions on Evolutionary Computation, Vol. 5, No.5, pp. 437-441, October, 2001; [Abstract] [Publisher's Link]
Structure, Behavior, and Market Power in an Evolutionary Labor Market with Adaptive Search: Author(s): Leigh Tesfatsion; Journal of Economic Dynamics and Control, Vol. 25, No.Nos. 3-4, pp. 419-457, March, 2001; [Abstract] [Publisher's Link]
Introduction to the Special Issue on Agent-Based Computational Economics: Author(s): Leigh Tesfatsion; Journal of Economic Dynamics and Control, Vol. 25, No.3-4, pp. 281-293, March, 2001; [Abstract] [Download PDF] [Publisher's Link]
Robust Estimates of Value of a Statistical Life for Developing Economies: Author(s): B. Bowland, J. Beghin; Journal of Policy Modeling, Vol. 23, No.4, pp. 385-396, 2001; [Abstract] [Publisher's Link]
Nonlocal Sensitivity Analysis with Automatic Differentiation: Author(s): Leigh Tesfatsion; Encyclopedia of Optimization, Kluwer Academic Publishers, Dordrecht, The Netherlands, pp. 92-97, 2001; [Abstract] [Publisher's Link]
On the Long-Run Efficiency of Auctioned vs. Free Permits: Author(s): Catherine L. Kling, Jinhua Zhao; Economics Letters, Vol. 69, No.2, pp. 235-38, November, 2000; [Abstract] [Download PDF] [Publisher's Link]
Potential Cost Savings and Framework of Strategies for Improved Delivery of Government Services: Author(s): Mark A. Edelman; ISU Economics Working Paper #NDN0122, May 2000; [Abstract] [Download PDF]
A C++ Platform for the Evolution of Trade Networks: Author(s): David McFadzean, Leigh Tesfatsion; Computational Economics, Vol. 14, pp. 109-134, 1999; [Abstract] [Publisher's Link]
Teaching Agent-Based Computational Economics to Graduate Students: Author(s): Leigh Tesfatsion; ISU Economics Working Paper, July 1998; [Abstract] [Download PDF]
Gale-Shapley Matching in an Evolutionary Trade Network Game: Author(s): Leigh Tesfatsion; ISU Economics Working Paper, April 1998; [Abstract] [Download PDF]
Preferential Partner Selection in Evolutionary Labor Markets: A Study in Agent-Based Computational Economics: Author(s): Leigh Tesfatsion; ISU Economics Working Paper #NDN0110, January 1, 1998; [Abstract] [Download PDF]
Active Intermediation in Overlapping Generations Economies with Production and Unsecured Debt: Author(s): Mark Pingle, Leigh Tesfatsion; Macroeconomic Dynamics, Vol. 2, pp. 183-212, 1998; [Abstract] [Publisher's Link]
Active Intermediation in a Monetary Overlapping Generations Economy: Author(s): Mark Pingle, Leigh Tesfatsion; Journal of Economic Dynamics and Control, Vol. 22, pp. 1543-1574, 1998; [Abstract] [Download PDF] [Publisher's Link]
Preferential Partner Selection in an Evolutionary Study of Prisoner's Dilemma: Author(s): Daniel Ashlock, Mark D. Smucker, E. Ann Stanley, Leigh Tesfatsion; BioSystems, Vol. 37, pp. 99-125, 1996; [Abstract] [Publisher's Link]
Political Institutions and International Patterns of Agricultural Protection: Author(s): John C. Beghin, Mylene Kherallah; Review of Economics and Statistics, Vol. LXXVI, pp. 482-89, 1994; [Abstract] [Publisher's Link]
Linear and Nonlinear Associative Memories for Parameter Estimation: Author(s): R. Kalaba, Z. Lichtenstein, T. Simchony, Leigh S. Tesfatsion; Information Sciences, Vol. 61, pp. 45-66, April, 1992; [Abstract] [Publisher's Link]
Nonlocal Automated Comparative Static Analysis: Author(s): Leigh S. Tesfatsion; Computer Science in Economics and Management, No.5, pp. 313-331, 1992; [Abstract] [Publisher's Link]
Overlapping Generations, Intermediation, and the First Welfare Theorem: Author(s): M. Pingle, Leigh S. Tesfatsion; Journal of Economic Behavior and Organization, Vol. 15, pp. 325-345, November, 1991; [Abstract] [Publisher's Link]
Obtaining Initial Parameter Estimates for Nonlinear Systems Using Multicriteria Associative Memories: Author(s): R. Kalaba, Leigh S. Tesfatsion; Computer Science in Economics and Management, Vol. 4, No.4, pp. 237-259, November, 1991; [Abstract] [Publisher's Link]
Automatic Evaluation of Higher-Order Partial Derivatives for Nonlocal Sensitivity Analysis: Author(s): Leigh S. Tesfatsion; Automatic Differentiation of Algorithms: Theory, Implementation, and Application, SIAM, Philadelphia, PA, No.1991, pp. 157-165, 1991; [Abstract] [Publisher's Link]
Solving Nonlinear Equations By Adaptive Homotopy Continuation: Author(s): R. Kalaba, Leigh S. Tesfatsion; Applied Mathematics and Computation, Vol. 41, No.2: Part II, pp. 99-115, January, 1991; [Abstract] [Publisher's Link]
Nonlocal Automated Sensitivity Analysis: Author(s): R. Kalaba, Leigh S. Tesfatsion; Computers and Mathematics With Applications, Vol. 20, pp. 53-65, 1990; [Abstract] [Publisher's Link]
Exact Sequential Filtering, Smoothing, and Prediction for Nonlinear Systems: Author(s): R. Kalaba, Leigh S. Tesfatsion; Nonlinear Analysis, Vol. 12, pp. 599-615, 1988; [Abstract] [Publisher's Link]
Automation of Nested Matrix and Derivative Operations: Author(s): Robert E. Kalaba, Thomas Plum, Leigh S. Tesfatsion; Applied Mathematics and Computation, Vol. 23, pp. 243-268, 1987; [Abstract] [Publisher's Link]
Nonlocal Sensitivity Analysis, Automatic Derivative Evaluation and Sequential Nonlinear Estimation: Author(s): R. Kalaba, Leigh S. Tesfatsion; Computational Statistics and Data Analysis, Vol. 4, pp. 79-90, July, 1986; [Abstract] [Publisher's Link]
Time Inconsistency of Benevolent Government Economies: Author(s): Leigh S. Tesfatsion; Journal of Public Economics, Vol. 31, pp. 25-52, 1986; [Abstract] [Publisher's Link]
Automatic Differentiation of Functions of Derivatives: Author(s): R. Kalaba, Leigh S. Tesfatsion; Computers and Mathematics With Applications, Vol. 12A, pp. 1091-1103, 1986; [Abstract] [Publisher's Link]
Fair Division With Uncertain Needs and Tastes: Author(s): Leigh S. Tesfatsion; Social Choice and Welfare, Vol. 2, pp. 295-309, 1985; [Abstract] [Publisher's Link]
Games, Goals, and Bounded Rationality: Author(s): Leigh S. Tesfatsion; Theory and Decision, Vol. 17, pp. 149-175, 1984; [Abstract] [Publisher's Link]
Macro Implications of Government Redistributive Tax-Transfer Policies: Author(s): Leigh S. Tesfatsion; Journal of Public Economics, Vol. 19, pp. 139-169, 1982; [Abstract] [Publisher's Link]
A Dual Approach to Bayesian Inference and Adaptive Control: Author(s): Leigh S. Tesfatsion; Theory and Decision, Vol. 14, pp. 177-194, 1982; [Abstract] [Publisher's Link]
A Stability Theorem for Symmetrically Rational Counterplanning: Author(s): R. Kalaba, K. Spingarn, Leigh S. Tesfatsion; Journal of Optimization Theory and Applications, Vol. 37, pp. 379-385, 1982; [Abstract] [Publisher's Link]
Dynamic Investment, Risk Aversion, and Foresight Sensitivity: Author(s): Leigh S. Tesfatsion; Journal of Economic Dynamics and Control, Vol. 3, pp. 65-96, 1981; [Abstract] [Publisher's Link]
A Sequential Method for Nonlinear Filtering: Numerical Implementation and Comparisons: Author(s): R. Kalaba, K. Spingarn, Leigh S. Tesfatsion; Journal of Optimization Theory and Applications, Vol. 34, pp. 541-559, 1981; [Abstract] [Publisher's Link]
Individual Tracking of an Eigenvalue and Eigenvector of a Parameterized Matrix: Author(s): R. Kalaba, K. Spingarn, Leigh S. Tesfatsion; Nonlinear Analysis, Vol. 5, pp. 337-340, 1981; [Abstract] [Publisher's Link]
Variational Equations for the Eigenvalues and Eigenvectors of Nonsymmetric Matrices: Author(s): R. Kalaba, K. Spingarn, Leigh S. Tesfatsion; Journal of Optimization Theory and Applications, Vol. 33, pp. 1-8, 1981; [Abstract] [Publisher's Link]
Complete Comparative Static Differential Equations: Author(s): R. Kalaba, Leigh S. Tesfatsion; Nonlinear Analysis, Vol. 5, pp. 821-833, 1981; [Abstract] [Publisher's Link]
Local and Nonlocal Comparative Static Analysis of Economic Systems: Author(s): R. Kalaba, Leigh S. Tesfatsion, J.-L Wang; Applied Mathematics and Computation, Vol. 9, pp. 227-234, 1981; [Abstract] [Publisher's Link]
Criterion Decomposition for the Myopic Sequential Control of Uncertain Systems: Author(s): Leigh S. Tesfatsion; Proceedings of the 13th Annual Asilomar Conference on Circuits, Systems, and Computers, pp. 475-478, 1980; [Abstract] [Publisher's Link]
Global and Approximate Global Optimality of Myopic Economic Decisions: Author(s): Leigh S. Tesfatsion; Journal of Economic Dynamics and Control, Vol. 2, pp. 135-161, 1980; [Abstract] [Publisher's Link]
A conditional Expected Utility Model for Myopic Decision Makers: Author(s): Leigh S. Tesfatsion; Theory and Decision, Vol. 12, pp. 185-206, 1980; [Abstract] [Publisher's Link]
C^3 Modelling With Symmetrical Rationality: Author(s): Leigh S. Tesfatsion; Applied Mathematics and Computation, Vol. 6, pp. 51-61, 1980; [Abstract] [Publisher's Link]