ACE simulation with subjective prices
General idea
As apposed to general economics models that live inside Neoclassical Equilibrium, let the simulation run with “market prices” taken from a distribution and let it be “nudged” by buys and sells from agents.
Then let each agent derive their own Subjective asset pricing, and if where is a transaction cost then the agent will buy more of the asset.
This gives a reason for an agent to buy something where they believe the market has mispriced the asset under their subjective model.