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--- abstract: 'The paper gives picture of enrichment to economic and financial system analysis using agent-based models as a form of advanced study for financial economic post-statistical-data and micro-simulation analysis. The paper reports the construction of artificial stock market that emerges the similar statistical facts with real data in Indonesian stock market. We use the individual but dominant data, i.e.: PT TELKOM in hourly interval. The artificial stock market shows standard statistical facts, e.g.: volatility clustering, the excess kurtosis of the distribution of return, and the scaling properties with its breakdown in the crossover of Levy distribution to the Gaussian one. From this point, the artificial stock market will always be evaluated in order to have comprehension about market process in Indonesian stock market generally. ' altloc: [] chapter: ~ commentary: ~ commref: ~ confdates: 16-18 September 2004 conference: Conference of New Economic Window 2004 confloc: 'Salermo University, Italy.' contact_email: ~ creators_id: [] creators_name: - family: Situngkir given: Hokky honourific: Mr lineage: '' - family: Surya given: Yohanes honourific: Prof. lineage: '' date: 2004-08 date_type: published datestamp: 2004-09-03 department: Dept. Computational Sociology dir: disk0/00/00/37/67 edit_lock_since: ~ edit_lock_until: ~ edit_lock_user: ~ editors_id: [] editors_name: [] eprint_status: archive eprintid: 3767 fileinfo: /style/images/fileicons/application_pdf.png;/3767/1/hokky_new2004.pdf full_text_status: public importid: ~ institution: Bandung Fe Institute isbn: ~ ispublished: inpress issn: ~ item_issues_comment: [] item_issues_count: 0 item_issues_description: [] item_issues_id: [] item_issues_reported_by: [] item_issues_resolved_by: [] item_issues_status: [] item_issues_timestamp: [] item_issues_type: [] keywords: 'artificial stock market, agent based model, statistical facts of stock market' lastmod: 2011-03-11 08:55:40 latitude: ~ longitude: ~ metadata_visibility: show note: ~ number: ~ pagerange: ~ pubdom: TRUE publication: ~ publisher: ~ refereed: TRUE referencetext: | Bak P, Paczuski M, & Shubik M (1996) Price Variations in a Stock Market with Many Agents. 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Bandung Fe Institute. Pre-print: arxiv:nlin.AO/0403041 Surya Y, Situngkir H, Hariadi Y, Suroso R (2004) Aplikasi Fisika dalam Analisis Keuangan: Mekanika Statistika Interaksi Agen. Bina Sumber Daya MIPA. Takahashi H, Terano T (2003) Agent Based Approach toInvestor’s Behavior and Asset Price Fluctuation in Financial Markets. Journal of Artificial Societies and Social Simulation 6(3). URL: http:// jasss.soc.surrey.ac.uk/63/3.html Tesfatison L (2002) Agent-Based Computational Economics: Growing Economics from the Bottom Up. ISU Economic Working Paper No.1. Iowa State University. Zimmerman G, Neuneier R, Grothmann R (2001) Multi-Agent Market Modeling of Foreign Exchange Rates. Advances in Complex System 4(1):29-43. World Scientific. relation_type: [] relation_uri: [] reportno: WPS2004 rev_number: 12 series: ~ source: ~ status_changed: 2007-09-12 16:53:23 subjects: - comp-sci-complex-theory succeeds: ~ suggestions: ~ sword_depositor: ~ sword_slug: ~ thesistype: ~ title: |- Agent-based Model Construction in Financial Economic System type: confpaper userid: 4745 volume: ~