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There is a wide literature about the behaviour of agents in a stock-market in the presence of imitation phenomena. Some issues may be treated in a game-theory context. In particular, we consider a micro-model of stock-market speculator and formalise it in a Stackelberg game. The problem consists...
Persistent link: https://www.econbiz.de/10010816717
A new way of looking at the problem of the underground economy is to consider the productive structure of a regular firm and that of an underground firm, completing the description of the microeconomic behaviour of the agents with the formalization of the behaviour of the state in the presence...
Persistent link: https://www.econbiz.de/10011100197
Persistent link: https://www.econbiz.de/10010514103
Netlogo does not have the same semantic challenges to automated ontology extraction, and describes an extension to Netlogo (5 ….0) using the OWL-API (3.1.0) that extracts state and structure ontologies from an existing Netlogo model. The extension is … freely available from https://github.com/garypolhill/netlogo-owl. …
Persistent link: https://www.econbiz.de/10011220322
difficult, but in the end showed interesting suggestions how to improve the original version of the NetLogo model. …
Persistent link: https://www.econbiz.de/10011220330
This paper presents an agent-based model of worker protest. Workers have varying degrees of grievance depending on the difference between their wage and the average of their neighbors. They protest with probabilities proportional to grievance, but are inhibited by the risk of being arrested...
Persistent link: https://www.econbiz.de/10009143587
This article presents a Virtual Laboratory that enables the researcher to try hypothesis and confirm data analysis about different historical processes and cultural dynamics. This Virtual Cultural Laboratory (VCL) is developed using agent-based modeling technology. Individuals' tendencies and...
Persistent link: https://www.econbiz.de/10009358514
This short note makes recommendations for the future direction of research in agent-based modelling (ABM). It is a personal view based on my experience as a policy adviser who has recently come to ABM. I suggest that to promote the use of ABM, the ABM community needs demonstrate the value of...
Persistent link: https://www.econbiz.de/10008681280
-based modellers, we show how to use a suite of important established methods. Because NetLogo and R are widely used in agent …-based modelling and for statistical analyses, we use a simple model implemented in NetLogo as an example, packages in R that implement … the respective methods, and the RNetLogo package, which links R and NetLogo. We briefly introduce each method and provide …
Persistent link: https://www.econbiz.de/10010790583
Applied demand analysis is usually done by specifying some kind of econometric equation but there are some difficulties associated with this approach. These include the problem of modelling at a highly disaggregated level and the amount of data needed to estimate the parameters for the...
Persistent link: https://www.econbiz.de/10010693326