In this paper we present our views on the distinguishing features of Artificial Economics and on its relation with Theoretical Economics – the field that in our opinion lies closest to Artificial Economics. In this context, we discuss various reasons why conducting research on Artificial...

We propose a new history-friendly approach to evolutionary socio-economic dynamics based around competition between five ‘utopias', as central ideas about which to order society: capitalism, socialism, democracy, nature, and nationalism (Montgomery and Chirot 2015). In our model, citizens...

Purpose: Define a simple and efficient method to allocate costs and benefits in energy communities, and characterize some of its key properties.Design/methodology/approach: The approach is theoretical. We define an algorithm to allocate costs and benefits in energy communities, and derive some...

Fuzzy logic presents many potential applications for modelling and simulation. In particular, this paper analyses one of the most popular fuzzy logic techniques: Mamdani systems. Mamdani systems can look particularly appealing because they are designed to incorporate expert knowledge in the form...

We consider population games played by procedurally rational players who, when revising their current strategy, test each of their available strategies independently in a series of random matches –i.e., a battery of tests–, and then choose the strategy that performed best in this battery of...