  The existence of stylized facts in financial data has been documented in many
studies. In the past decade the modeling of financial markets by agent-based
computational economic market models has become a frequently used modeling
approach. The main purpose of these models is to replicate stylized facts and
to identify sufficient conditions for their creations. In this paper we
introduce the most prominent examples of stylized facts and especially present
stylized facts of financial data. Furthermore, we given an introduction to
agent-based modeling. Here, we not only provide an overview of this topic but
introduce the idea of universal building blocks for agent-based economic market
models.
