Agent-based Model Construction in Financial Economic System

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

Power Law Signature in Indonesian Population

The paper analyzes the spreading of population in Indonesia. The spreading of population in Indonesia is clustered in two regional terms, i.e.: kabupaten and kotamadya. It is interestingly found that the rank in all kabupaten respect to the population does not have fat tail properties, while in the other hand; there exists power-law signature in kotamadya. We analyzed that this fact could be caused by the equal or similar infrastructural development in all regions; nevertheless, we also note that the first 20 kabupatens are dominated in Java and Sumatera. Furthermore, the fat tail character in the rank of kotamadya could be caused by the big gap between big cities one another, e.g.: Jakarta, Surabaya, and others. The paper ends with some suggestions of more attention to infrastructural development in eastern regional cities