In this paper, we investigate the interactions among oligarchs, political parties, and voters using an agent-based modeling approach. We introduce the OLIGO model, which is based on the spatial model of democracy, where voters have positions in a policy space and vote for the party that appears...

This paper analyses different direct payments system for the Swiss alpine region based on the multi-agent model SWISSland. Moreover, the future demand and management of the alpine pastures are simulated under different scenarios until 2020. In the model, agents are representing existing summer...

We recently (Castellacci and Choi, 2013) formulated a theoretical framework for the modeling of financial instability contagion using the theories of dynamical systems. Here, our main goal is to model the Eurozone financial crisis within that framework. The underlying system comprises many...

Correlations and other collective phenomena are considered in a schematic model of pairwise interacting, competing and collaborating agents facing a binary choice and situated at the nodes of the complete graph and a 2-dimensional regular lattice, respectively. The agents may be subjected to an...

Multi-agent systems consist of interactive and independent agents of different kinds in a "world" of the computers. The key issue of multi-agent modelling is its ability to produce emergent phenomena at macro level from "micro-behaviour". For now this approach became a widely used methodology in...

Macroeconomic policy analysis is a challenge for agent-based models because these types of model are generally much elaborated on the specific market levels for partial (micro) markets, but have been of limited use for macroeconomic policy issues due to calibration and “model closure”...

In this special issue, an overview of the Thematic Institute (TI) on Information and Material Flows in Complex Systems is given. The TI was carried out within EXYSTENCE, the first EU Network of Excellence in the area of complex systems. Its motivation, research approach and subjects are...