ÿþ<html> <head> <style type="text/css"> font {font-weight: bold; font-family: Arial} li {list-style-image: url(doc.gif)} a {text-decoration:none} a:visited {color:blue } p {text-indent: 30px} </style> <script src="rainbow.js"></script> </head> <body> <center> <img src="111.jpg" width=100%> <table cellpadding=6 style="background-color:black" width=100%> <tr> <td align=center> <font><a href="programme.zip">Full Programme <br>(zip)</a></font> <td align=center> <font><a href="#schedule">Schedule</a></font> <td align=center> <font style="color:white; font-family:Times New Roman"> Press "Ctrl + F" to search your family name, or click the session number below</font><br> <font> <a href="#S1">1 </a> &nbsp; <a href="#S2">2 </a> &nbsp; <a href="#S3">3 </a> &nbsp; <a href="#S4">4 </a> &nbsp; <a href="#S5">5 </a> &nbsp; <a href="#S6">6 </a> &nbsp; <a href="#S7">7 </a> &nbsp; <a href="#S8">8 </a> &nbsp; <a href="#S9">9 </a> &nbsp; <a href="#S10">10 </a> &nbsp; <a href="#S11">11 </a> &nbsp; <a href="#S12">12 </a> &nbsp; <a href="#S13">13 </a> &nbsp; <a href="#S14">14 </a> &nbsp; <a href="#S15">15 </a> &nbsp; <a href="#S16">16 </a> &nbsp; <a href="#S17">17 </a> &nbsp; <a href="#S18">18 </a> &nbsp; <a href="#S18">19 </a> &nbsp; <a href="#S20">20 </a> &nbsp;</font> </table> </center> <table cellpadding=9 cellspacing=3> <tr> <td> <a name="S1"> <font color=blue><a href="#schedule">Opening Address </font></a><br> <font color=blue><a href="#schedule">Session 1 : Capital, Growth, and Business Cycle </font></a><br> Chair: <b>Alexei G. Orlov </b> <ul> <li> <font>A Preview of the Third International Workshop on Computational Intelligence in Economics and Finance (CIEF'2003) </font><br> Shu-Heng Chen, Xin Yao, and Chung-Ching Tai <li> <font>Heterogeneous Expectations and Learning Mechanisms in a RBC Model </font><br> Ching Yang Lin and Ching-Sheng Mao <li> <font>The Learn by Doing Endogenous Growth Model of Environment Pollution and Population Growth </font><br> Li Li, Tong Li, Shigeng Hu, and Pan Wang <li> <font>Enclosing the Behaviors Happening in Stock Market into One Model Involving Two Differential Equations </font><br> Jishou Ruan <li> <font>Capital Controls and Firm's Dynamics </font><br> Alexei G. Orlov </ul> <tr><td> <hr width=75% size=6> <tr> <td> <a name="S2"> <font color=blue><a href="#schedule">Session 2 : Tutorial </font></a><br> Chair: <b>W. F. Lawless </b> <ul> <li> <font>Reinforcement Learning </font><br> Nicholas Feltovich <li> <font>Bayesian Networks </font><br> Chiu-Che Tseng </ul> <tr><td> <hr width=75% size=6> <tr> <td> <a name="S3"> <font color=blue><a href="#schedule">Session 3 : Economic Agents Design</font></a><br> Chair: <b>Nick Feltovich </b> <ul> <li> <font>Designing Agents That Strategically Use Time in Negotiation Situations </font><br> Norberto Eiji Nawa <li> <font>Utility Modules: Embedding Real World Preferences and Behaviors in Artificial Economic Agents </font><br> Yuya Sasaki <li> <font>Behavioral Modeling in Optimal Investment-Consumption Decisions for Long-term Financial Planning </font><br> Aparna Gupta and Lepeng Li <li> <font>Slow Learning in the Market for Lemons: A Note on Reinforcement Learning and the Winner's Curse </font><br> Nick Feltovich </ul> <tr><td> <hr width=75% size=6> <tr> <td> <a name="S4"> <font color=blue><a href="#schedule">Session 4 : Applications in Business and Management (I) </font></a><br> Chair: <b>Edit J. Kaminsky </b> <ul> <li> <font>IT Management Effectiveness: Business Value and Barriers </font><br> Yasuo Kadono <li> <font>Fuzzy Network Decision for the Shortest Path Problem </font><br> Tzung-Nan Chuang and Jung-Yuan Kung <li> <font>A Fuzzy-Neural Highly Accurate Cost Estimating Model (HACEM) </font><br> Edit J. Kaminsky and Freddie Douglas </ul> <tr><td> <hr width=75% size=6> <tr> <td> <a name="S5"> <font color=blue><a href="#schedule">Session 5 : Applications in Business and Management (II) </font></a><br> Chair: <b>Chingping Han </b> <ul> <li> <font>Computer-Aided Software Project Management in Stochastic Environments </font><br> Luka? Pichl, Yusuke Sugawara, and Takuya Yamano <li> <font>Real Options Modelling using Automated Software Generation </font><br> A. Chortaras, Y. Guo, M. M. Ghanem, and F. O. Bunnin <li> <font>A Genetic Algorithm Based Supply Chain Inventory and Distribution Cost Reduction Model </font><br> Montri Damrongwongsiri and Chingping Han </ul> <tr><td> <hr width=75% size=6> <tr> <td> <a name="S6"> <font color=blue><a href="#schedule">Session 6 : Self-Organising Learning </font></a><br> Chair: <b>Raquel Florez-Lopez </b> <ul> <li> <font>Self-Organizing Learning Array and Its Application to Economic and Financial Problems </font><br> J. A. Starzyk, Zhen Zhu, H. He, and Zhineng Zhu <li> <font>Forecasting using Self-Organising Maps </font><br> Pei Ling Lai and Colin Fyfe <li> <font>Strategic Supplier Selection in the Added-Value Perspective: An AI Approach </font><br> Raquel Florez-Lopez </ul> <tr><td> <hr width=75% size=6> <tr> <td> <a name="S7"> <font color=blue><a href="#schedule">Session 7 : Financial Time Series Forecasting and Analysis (I) </font></a><br> Chair: <b>Christopher Zapart </b> <ul> <li> <font>Predicting Stock Market Reactions to Financial News using Naive Bayesian Classifiers </font><br> Nils Svangard, Peter Nordin, and Stefan Lloyd <li> <font>Stock Price Prediction using News Factor Correlation Model </font><br> H.S. NG and K. P. Lam <li> <font>Discovering Temporal Categorical Association Rules (TcARs) on Stock Returns </font><br> Jing Hu, Guoqing Chen, and Peng Yan <li> <font>Application of the Wavelet Correlation Measure in Computational Finance </font><br> Christopher Zapart </ul> <tr><td> <hr width=75% size=6> <tr> <td> <a name="S8"> <font color=blue><a href="#schedule">Session 8 : Financial Time Series Forecasting and Analysis (II) </font></a><br> Chair: <b>Shu-Heng Chen </b> <ul> <li> <font>The States Transition Modeling for Taiwan Stock Market </font><br> Yen-Tseng Hsu, Ho-Chih-We, Ling-Ling Wu, Ya-Min Chou, Hiu-Fen Hung, Yi-Yih Kang, and Ming-Chung Liu <li> <font>Fuzzy Logic in the Stock-Exchange Finances </font><br> Hector Guevara-Islas and Neil Hernandez-Gress <li> <font>The Influence of GP's Representations in Financial Data Mining </font><br> Chia-Hsuan Yeh <li> <font>Stock Forecasting by ARCH Driven Gaussian TFA and Alternative Mixture Experts Models </font><br> Kai-Chun Chiu and Lei Xu <li> <font>Applying the Analogue Complexing with Active Neurons Modelling Method for the Forecast of the Exchange Rate Market </font><br> Leonidas Anastasakis and Neil Mort </ul> <tr><td> <hr width=75% size=6> <tr> <td> <a name="S9"> <font color=blue><a href="#schedule">Session 9 : Financial Time Series Forecasting and Analysis (III) </font></a><br> Chair: <b>Chung-Chih Liao </b> <ul> <li> <font>A Hybrid Support Vector Regression Model of Chaotic Time Series Forecasting </font><br> Chih-Hung Wu, Kang-Lin Peng and Yeong-Jia James Goo <li> <font>Volatility Asymmetry in High Frequency Data </font><br> Julia Litvinova <li> <font>Testing for Nonlinearity and Determinism in Stock Market </font><br> Lu Shan and Wang Hai-yan <li> <font>Finite Mixture of ARMA-GARCH Model for Stock Price Prediction </font><br> Him Tang, Kai-Chun Chiu, and Lei Xu </ul> <tr><td> <hr width=75% size=6> <tr> <td> <a name="S10"> <font color=blue><a href="#schedule">Session 10 : Trading Strategies (I) </font></a><br> Chair: <b>H. S. Ng </b> <ul> <li> <font>Using Neuro Fuzzy to Find Price-Quantity Based Technical Trading Rules </font><br> Chien-Shien Lin <li> <font>Advanced Trading Strategy Using Neuro-Candlestick </font><br> Y. T. Yan, H. S. Ng, and K. P. Lam <li> <font>Multi-Valued Stock Valuation Based on Fuzzy Genetic Programming Approach </font><br> Jiah-Shing Chen and Ping-Chen Lin </ul> <tr><td> <hr width=75% size=6> <tr> <td> <a name="S11"> <font color=blue><a href="#schedule">Session 11 : Trading Strategies (II) </font></a><br> Chair: <b>Philip L. H. Yu </b> <ul> <li> <font>The Evolution of Security Design </font><br> Thomas H. Noe, Michael J. Rebello, and Jun Wang <li> <font>Applying Real Options and Maximum NPV Rule to Market Enter/Exit Strategies </font><br> Tyrone T. Lin and Tung-Li Shih <li> <font>GP-evolved Technical Trading Rules Can Outperform Buy and Hold </font><br> Lee A. Becker and Mukund Seshadri <li> <font>Modeling International Short-Term Capital Flow with Genetic Programming </font><br> Shu-Heng Chen and Tzu-Wen Kuo <li> <font>Automating Technical Analysis </font><br> Philip L. H. Yu, K. Lam, and S. H. Ng </ul> <tr><td> <hr width=75% size=6> <tr> <td> <a name="S12"> <font color=blue><a href="#schedule">Session 12: Portfolio Management (I) </font></a><br> Chair: <b>Bin-Tzong Chie </b> <ul> <li> <font>Portfolio Selection Based on Possibilistic Mean and Variance of Fuzzy Numbers </font><br> Wei-Guo Zhang and Zan-Kan Nie <li> <font>Grey-Based Stock Selection System </font><br> Yen-Tseng Hsu, Yen-Chih Wu, Ya-Min Chou, Hui-Fen Hung, Yi-Yih Kang, and Ming-Chung Liu <li> <font>Stock Exchange Prediction and Portfolio Administration by Statistics and Artificial Neural Networks </font><br> Fernando Ortiz-Rossains, Alejandro Calderon-Aveitua, and Neil Hernandez-Gress <li> <font>Generating Investment Policies for Nonlinear Portfolio Optimization with Genetic Programming </font><br> Nils Svangard and Peter Nordin </ul> <tr><td> <hr width=75% size=6> <tr> <td> <a name="S13"> <font color=blue><a href="#schedule">Session 13: Portfolio Management (II) </font></a><br> Chair: <b>Paul McNelis </b> <ul> <li> <font>Application of Quantitative Credit Risk Models in Fixed Income Portfolio Management </font><br> Ron D'Vari, Kishore Yalamanchili, and David Bai <li> <font>Influence Diagram for Investment Portfolio Selection </font><br> Chiu-Che Tseng <li> <font>Idiosyncratic Risk and Downside Risk: Portfolio Choice in Globalized Markets </font><br> Paul D. McNelis and Simone Koo </ul> <tr><td> <hr width=75% size=6> <tr> <td> <a name="S14"> <font color=blue><a href="#schedule">Session 14: Organizational Decision </font></a><br> Chair: <b>Ana Marostica </b> <ul> <li> <font>The Inter-Organizational Strategic Alliance Impact on Organizational Value Decision Choice Mode and Intellectual Capital </font><br> Tsai-Lung Liu <li> <font>Computational Intelligence for Predicting Corporate Takeovers: A Comparison of Alternative Methods </font><br> Chao-Hsien Chu and Dan Zhu <li> <font>A Quantum Model of Organization Mergers </font><br> W. F. Lawless and James M. Grayson <li> <font>Modern Organizations and Decision-making Processes: A Heuristic Approach </font><br> Ana Marostica and Cesar Briano </ul> <tr><td> <hr width=75% size=6> <tr> <td> <a name="S15"> <font color=blue><a href="#schedule">Session 15: Agent-Based Modeling of Social Behavior </font></a><br> Chair: <b>Sean Boyle </b> <ul> <li> <font>Creativity in Agent-Based Systems </font><br> Russ Abbott <li> <font>Measuring Peer Effects in Youth Smoking Behavior </font><br> Ryo Nakajima <li> <font>Online Optimization of Traffic Policy through Multi-Agent Reinforcement Learning </font><br> Yuya Sasaki and Nicholas S. Flann <li> <font>An Application of Agent-Based Simulation to Policy Appraisal in the Criminal Justice System in England and Wales </font><br> Sean Boyle </ul> <tr><td> <hr width=75% size=6> <tr> <td> <a name="S16"> <font color=blue><a href="#schedule">Session 16: Agent-Based Modeling of Economic and Financial Markets (I) </font></a><br> Chair: <b>Judy K. Frels </b> <ul> <li> <font>Soft Computing Approaches to Market Forecasting and Trading Rules </font><br> Arnold F. Shapiro <li> <font>Adaptive Traders in Call Markets </font><br> Sebastien Pouget <li> <font>Measuring the Effect of Indirect Network Externality in VCR Standardization Process </font><br> Masayuki Tsuji, Hidenori Kawamura, and Azuma Ohuchi <li> <font>Standard-Scape: An Agent-Based Model of Adoption with Incomplete Information and Network Externalities </font><br> Judy K. Frels, Debbie Heisler, and James A. Reggia </ul> <tr><td> <hr width=75% size=6> <tr> <td> <a name="S17"> <font color=blue><a href="#schedule">Session 17: Agent-Based Modeling of Economic and Financial Markets (II) </font></a><br> Chair: <b>M. North </b> <ul> <li> <font>Limitedly Rational Autonomous Agents as Simulations of Economic Actors </font><br> Foster McGeary and Keith Decker <li> <font>Agent-Based Modeling of Lottery Markets </font><br> Shu-Heng Chen and Bin-Tzong Chie <li> <font>Applying Computational Intelligence to Economic Policy </font><br> M. North, C. Macal, D. Cirillo, G. Conzelmann, V. Koritarov, P. Thimmapuram, and T. Veselka </ul> <tr><td> <hr width=75% size=6> <tr> <td> <a name="S18"> <font color=blue><a href="#schedule">Session 18: Agent-Based Modeling of Economic and Financial Markets (III) </font></a><br> Chair: <b>Bruno H. Strulovici </b> <ul> <li> <font>Behavioral Finance and Agent-Based Computational Finance: Toward an Integrating Framework </font><br> Shu-Heng Chen and Chung-Chih Liao <li> <font>Prediciton Accuracy and Imitating Behavior in Artificial Markets with Endogenous Pricing </font><br> Bruno H. Strulovici and Kushagra Saxena <li> <font>Agent-based Simulation of Price and Wealth Dynamics with Direct Information Exchange among Investors </font><br> Bruno H. Strulovici and Anthony Hui </ul> <tr><td> <hr width=75% size=6> <tr> <td> <a name="S19"> <font color=blue><a href="#schedule">Session 19: Agent-Based Modeling of Economic and Financial Markets (IV) </font></a><br> Chair: <b>Takao Terano </b> <ul> <li> <font>Trader Behavior in the Modeling of Asset Price Dynamics </font><br> James A. Primbs and Muruhan Rathinam <li> <font>Portfolio Optimization with Hedging in Strictly Convergent Coevolutionary Markets </font><br> Luka? Pichl, Lothar M. Schmitt, and Ayako Watanabe <li> <font>Analyzing Micro-Macro Structures in a Financial Market via Agent-Based Simlutaion </font><br> Takao Terano and Hiroshi Takahashi </ul> <tr><td> <hr width=75% size=6> <tr> <td> <a name="S20"> <font color=blue><a href="#schedule">Session 20: Double Auction and Artificial Stock Markets </font></a><br> Chair: <b>Bruno H. Strulovici </b> <ul> <li> <font>Electronic Market Making: Initial Investigation </font><br> Yuriy Nevmyvaka, Katia Sycara and Duane J. Seppi <li> <font>Minimal Intelligence Agents in Double Auction Markets with Speculators </font><br> Senlin Wu and Siddhartha Bhattacharyya <li> <font>Interaction of Human Traders and Artificial Agents on Double Auction Markets: Simulations and Laboratory Experiments </font><br> Jens Grossklags and Carsten Schmidt <li> <font>Stock Market Fragility and Investment Beliefs  Experimental Finance Study </font><br> Chunfeng Wang, Xiaorui Qi, and Xin Zhao <li> <font>Price Formation Rules in an Artificial Stock Market with Heterogenous Risk-Averse Investors </font><br> Bruno H. Strulovici and Stephanie Leung </ul> <tr><td> <hr width=75% size=6> </table> <center> <a name="schedule"> <h1 style="font-family:arial">SCHEDULE</h1> </center> Dear authors, <p> Sessions in the same time span are meant to be presented collectively, which means they are single-track rather than parallel. For example, Sesssion A and B are in the same time span 10:00 - 12:00 and each of them are composed of 3 papers, then they will share the time (6 papers share 2 hours evenly) and Session B will start immediately after Session A finishes. Sessions combined are: <b style="color:red">Session 6 & 13</b>, &nbsp;<b style="color:red">Session 19 & 18 </b>, &nbsp;<b style="color:red">Session 4 & 5</b>, &nbsp;<b style="color:red">Session 7 & 9 </b> <br><br> <table width=100% cellpadding=3 cellspacing=0> <tr> <th style="border-bottom:thick solid #eeeeee;border-top:thick solid #eeeeee"> Time <th width=19% style="border-bottom:thick solid #eeeeee;border-top:thick solid #eeeeee">September 26th <br> Friday <th width=19% style="border-bottom:thick solid #eeeeee;border-top:thick solid #eeeeee">September 27th <br> Saturday <th width=19% style="border-bottom:thick solid #eeeeee;border-top:thick solid #eeeeee">September 28th <br> Sunday <th width=19% style="border-bottom:thick solid #eeeeee;border-top:thick solid #eeeeee">September 29th <br> Monday <th width=19% style="border-bottom:thick solid #eeeeee;border-top:thick solid #eeeeee">September 30th <br> Tuesday <tr align="center"> <th style="border-right:thick solid #eeeeee; border-bottom: thin dotted #eeeeee">8:00 <br> | <br> 9:00 <td style="border-bottom:thin dotted #eeeeee"><font color=#dddddd>Plenary Speech</font> <td style="border-bottom:thin dotted #eeeeee"><font color=#dddddd>Plenary Speech</font> <td style="border-bottom:thin dotted #eeeeee"><font color=#dddddd>Plenary Speech</font> <td style="border-bottom:thin dotted #eeeeee"><font color=#dddddd>Plenary Speech</font> <td style="border-bottom:thin dotted #eeeeee"><font color=#dddddd>Plenary Speech</font> <tr align="center"> <th style="border-right:thick solid #eeeeee; border-bottom: thin dotted #eeeeee">9:00 <br> | <br> 9:45 <td style="border-bottom:thin dotted #eeeeee"><font color=#dddddd>Plenary Speech</font> <td style="background-color:E9F5FB; border:thin solid white" align="center"><b>Keynote Speech</b> <br>Robert Axtell <td style="border-bottom:thin dotted #eeeeee"><font color=#dddddd>Plenary Speech</font> <td style="border-bottom:thin dotted #eeeeee"><font color=#dddddd>Plenary Speech</font> <td style="border-bottom:thin dotted #eeeeee"><font color=#dddddd>Plenary Speech</font> <tr height="160px" align="center"> <th style="border-right:thick solid #eeeeee; border-bottom: thin dotted #eeeeee">10:00 <br> | <br> 12:00 <td style="background-color:E9F5FB; border:thin solid white"> <a href="#S6"><b>Session 6</b> <br><font size=-1 style="font-weight:normal"> Self-Organising Learning </font></a><br><br> <a href="#S13"><b>Session 13</b> <br><font size=-1 style="font-weight:normal"> Portfolio Management (II) </font></a> <td style="background-color:E9F5FB; border:thin solid white"><a href="#S15"><b>Session 15</b> <br><font size=-1 style="font-weight:normal"> Agent-Based Modeling of Social Behavior </font></a> <td style="background-color:E9F5FB; border:thin solid white"><a href="#S17"><b>Session 17</b> <br><font size=-1 style="font-weight:normal"> Agent-Based Modeling of Economic and Financial Markets (II) </font></a> <td style="background-color:E9F5FB; border:thin solid white"><a href="#S8"><b>Session 8</b> <br><font size=-1 style="font-weight:normal"> Financial Time Series Forecasting and Analysis (II) </font></a> <td style="background-color:E9F5FB; border:thin solid white"><a href="#S10"><b>Session 10</b> <br><font size=-1 style="font-weight:normal"> Trading Strategies (I) </font></a> <tr> <th style="border-right:thick solid #eeeeee; border-bottom: thin dotted #eeeeee">12:00 <br> | <br> 1:15 <td style="border-bottom:thin dotted #eeeeee">&nbsp; <td style="border-bottom:thin dotted #eeeeee">&nbsp; <td style="border-bottom:thin dotted #eeeeee">&nbsp; <td style="border-bottom:thin dotted #eeeeee">&nbsp; <td style="border-bottom:thin dotted #eeeeee">&nbsp; <tr height="80px" align="center"> <th style="border-right:thick solid #eeeeee; border-bottom: thin dotted #eeeeee" rowspan=2>1:15 <br> | <br> 3:00 <td style="background-color:E9F5FB; border:thin solid white" rowspan=2><a href="#S2"><b>Session 2</b> <br><font size=-1 style="font-weight:normal"> Tutorial </font></a> <td style="background-color:E9F5FB; border:thin solid white" rowspan=2><a href="#S14"><b>Session 14</b> <br><font size=-1 style="font-weight:normal"> Organizational Decision </font></a> <td style="background-color:E9F5FB; border:thin solid white" rowspan=2><a href="#S20"><b>Session 20</b> <br><font size=-1 style="font-weight:normal"> Double Auction and Artificial Stock Markets </font></a> <td style="border-bottom:thin dotted #eeeeee"><font color=#dddddd>Plenary Speech</font> <td style="border-bottom:thin dotted #eeeeee"><font color=#dddddd>Plenary Speech</font> <tr align="center" height="80px"> <td style="border-bottom:thin dotted #eeeeee"><font color=#dddddd>Plenary Speech</font> <td style="border-bottom:thin dotted #eeeeee"><font color=#dddddd>Plenary Speech</font> <tr height="160px" align="center"> <th style="border-right:thick solid #eeeeee; border-bottom: thin dotted #eeeeee">3:15 <br> | <br> 5:30 <td style="background-color:E9F5FB; border:thin solid white"><a href="#S1"><b>Session 1</b> <br><font size=-1 style="font-weight:normal"> Capital, Growth, and Business Cycle </font></a> <td style="background-color:E9F5FB; border:thin solid white"> <a href="#S19"><b>Session 19</b> <br><font size=-1 style="font-weight:normal"> Agent-Based Modeling of Economic and Financial Markets (IV) </font></a><br><br> <a href="#S18"><b>Session 18</b> <br><font size=-1 style="font-weight:normal"> Agent-Based Modeling of Economic and Financial Markets (III) </font></a> <td style="background-color:E9F5FB; border:thin solid white"> <a href="#S4"><b>Session 4</b> <br><font size=-1 style="font-weight:normal"> Applications in Business and Management (I) </font></a><br><br> <a href="#S5"><b>Session 5</b> <br><font size=-1 style="font-weight:normal"> Applications in Business and Management (II) </font></a> <td style="background-color:E9F5FB; border:thin solid white"> <a href="#S7"><b>Session 7</b> <br><font size=-1 style="font-weight:normal"> Financial Time Series Forecasting and Analysis (I) </font></a><br><br> <a href="#S9"><b>Session 9</b> <br><font size=-1 style="font-weight:normal"> Financial Time Series Forecasting and Analysis (III) </font></a> <td style="border-bottom:thin dotted #eeeeee">&nbsp; <tr height="160" align="center"> <th style="border-right:thick solid #eeeeee; border-bottom: thin dotted #eeeeee">5:40 <br> | <br> 7:30 <td style="background-color:E9F5FB; border:thin solid white"><a href="#S12"><b>Session 12</b> <br><font size=-1 style="font-weight:normal"> Portfolio Management (I) </font> <td style="background-color:E9F5FB; border:thin solid white"><a href="#S16"><b>Session 16</b> <br><font size=-1 style="font-weight:normal"> Agent-Based Modeling of Economic and Financial Markets (I) </font> <td style="background-color:E9F5FB; border:thin solid white"><a href="#S3"><b>Session 3</b> <br><font size=-1 style="font-weight:normal"> Economic Agents Design </font> <td style="background-color:E9F5FB; border:thin solid white"><a href="#S11"><b>Session 11</b> <br><font size=-1 style="font-weight:normal"> Trading Strategies (II) </font> <td style="border-bottom:thin dotted #eeeeee">&nbsp; <tr> <th style="border-right:thick solid #eeeeee; border-bottom: thin dotted #eeeeee">7:40 <br> | <br> 8:00 <td style="border-bottom:thin dotted #eeeeee">&nbsp; <td style="border-bottom:thin dotted #eeeeee">&nbsp; <td style="border-bottom:thin dotted #eeeeee">&nbsp; <td style="border-bottom:thin dotted #eeeeee">&nbsp; <td style="border-bottom:thin dotted #eeeeee">&nbsp; <tr> <th style="border-right:thick solid #eeeeee; border-bottom: thin dotted #eeeeee">8:00 <br> | <br> 10:00 <td style="border-bottom:thin dotted #eeeeee">&nbsp; <td style="background-color:E9F5FB; border:thin solid white" align="center"><b>Banquet</b> <td style="border-bottom:thin dotted #eeeeee">&nbsp; <td style="border-bottom:thin dotted #eeeeee">&nbsp; <td style="border-bottom:thin dotted #eeeeee">&nbsp; </table> <br><br><br> <center> <img src="222.jpg" width=100%> </center><br> <script language="javascript"> document.write('<i> Last updated in '+ document.lastModified +'</i>') </script> </body>