Through the critical analysis of the extant literature, it is observed that Simulation is widely used as a research method in Natural Sciences, Engineering and Social Sciences, in addition to argumentation and formalisation as the third way of carrying out research. Simulation is not so widely...

Production and conflict models have been used over the past 30 years to represent the effects of unproductive resource allocation in economics. Their major applications are in modelling the assignment of property rights, rentseeking and defense economics. This paper describes the process of...

In this work we propose a new model for spatial games. We present a definition of mobility in terms of the satisfaction an agent has with its spatial location. Agents compete for space through a non-cooperative game by using mixed strategies. We are particularly interested in studyig the...

This handbook explains the simulation model IFSIM. IFSIM is an agent based simulation model written in JAVA. The model is constructed for analyzing demographic and economic issues. The aim of the model is to include the main consumption and production patterns over the life-cycle and thus being...

The objectives of this paper are to define and classify different types of errors and artefacts that can appear in the process of developing an agent-based model, and to propose activities aimed at avoiding them during the model construction and testing phases. To do this in a structured way, we...

Non-classical models of economic behaviour, usually summarised under the notion of 'Bounded Rationality' criticise the assumptions of the standard economic model - hyperrationality, perfect and costless information, and unlimited mental processing capabilities. However, alternative approaches...

The following paper assesses the impact of different policy options on the land use and associated biodiversity values of jointly organized low intensity grazing systems (‘Allmende’) in Southern Bavaria. We use an integrated economic and ecological modelling approach to compare the results...

In German agriculture structural change is mainly a result of the outmigration of smaller farms from the sector. The decisions of these farmers to leave or stay in the sector, are not based solely on financial data and market expectations. Other aspects are important such as the preservation of...