Subject of the present study is the agent-based computer simulation ofAgent Island. Agent Island is a macroeconomic model, which belongs to thefield of monetary theory. Agent-based modeling is an innovative tool thatmade much progress in other scientific fields like medicine or logistics.In...

Why agent-based modelling is useful for economists -- Starting agent-based modelling -- Heterogeneous demand -- Social demand -- Benefits of barter -- The market -- Labour market -- International trade -- Banking -- The tragedy of the commons

The political blogosphere has recently been the focus of attention for social network analysis and applications of network and graph theory. In a recent paper, Adamic and Glance (2005) report differences between the linking behavior of politically conservative vs. politically liberal Web...