Authors: Francesco C. Examples include population dynamics, evolution of social norms, communication structures,. Agent-based Computational Economics using NetLogo explores how researchers can create, use and implement multi-agent computational models in Economics by using NetLogo software platform. Problems of economic science can be solved using multi-agent modelling MAM. This technique uses a computer model to simulate the actions and interactions of autonomous entities in. Generative Social Science.
Online Store. Search in: Books Book Series Chapters. View Sample. Rate This Book. Preface - Pp. Introduction - Pp. The development of theory and applications of agent-based systems determined in the last years has brought a real revolution regarding the modelling of complex systems in the field of Economics. The main construction blocks of any agent-based computational model are the following: the set of agents A , the initializations I and the simulation specifications R.
In order to validate an agent-based model, we must follow the following steps: 1 The analysis of pure theories of Economics; 2 Defining the objectives of research and the precise tasks of the model; 3 Building the conceptual model; 4 Validation of conceptual model; 5 Transformation of conceptual model in a computerized model using a software platform; 6 The operational validation of computerized model; 7 The analysis of experiments results and interpretation from an economic point of view.
In this chapter, we describe the multi agent-based computational model of an artificial economy and proceed to the conceptual validation process by describing the observer O with its parameters, variables, procedures and sub-agents T i and P xy. The implementation of the conceptual model using NetLogo is the process of transforming the algorithms described in Chapter 2 in procedures recognized by NetLogo.
Any agent-based computational model implementation must be operational validated and verified. A model is considered operational valid to the extent provides a satisfactory range of if it accuracy consistent with the intended application of the model. Based on these five experiments, we measure five indexes: Herfindahl-Hirschman index, Gini index, mean value of prices for products, mean value of prices for resources, and mean value of obtained production.
In this chapter, we draw the conclusions regarding the evolution of Agentbased Artificial Economy described in Chapter 2, implemented in Chapter 3 using NetLogo, and utilized them for a set of computational experiments in Chapter 4.
Agent-based Computational Economics using NetLogo explores how researchers can create, use and implement multi-agent computational models in Economics by using NetLogo software platform. Problems of economic science can be solved using multi-agent modelling MAM.
0コメント