Computational Model Library

In macroeconomics, an emerging discussion of alternative monetary systems addresses the dimensions of systemic risk in advanced financial systems. Monetary regime changes with the aim of achieving a more sustainable financial system have already been discussed in several European parliaments and were the subject of a referendum in Switzerland. However, their effectiveness and efficacy concerning macro-financial stability are not well-known. This paper introduces a macroeconomic agent-based model (MABM) in a novel simulation environment to simulate the current monetary system, which may serve as a basis to implement and analyze monetary regime shifts. In this context, the monetary system affects the lending potential of banks and might impact the dynamics of financial crises. MABMs are predestined to replicate emergent financial crisis dynamics, analyze institutional changes within a financial system, and thus measure macro-financial stability. The used simulation environment makes the model more accessible and facilitates exploring the impact of different hypotheses and mechanisms in a less complex way. The model replicates a wide range of stylized economic facts, including simplifying assumptions to reduce model complexity.

The model measures drivers of effectiveness of risk assessments in risk workshops regarding the correctness and required time. Specifically, we model the limits to information transfer, incomplete discussions, group characteristics, and interaction patterns and investigate their effect on risk assessment in risk workshops.

The model simulates a discussion in the context of a risk workshop with 9 participants. The participants use Bayesian networks to assess a given risk individually and as a group.

Political Participation

Didier Ruedin | Published Sat Apr 12 23:07:27 2014 | Last modified Tue Apr 14 19:59:31 2020

Implementation of Milbrath’s (1965) model of political participation. Individual participation is determined by stimuli from the political environment, interpersonal interaction, as well as individual characteristics.

A Simulation of Arab Spring Protests Informed by Qualitative Evidence

Bruce Edmonds Stephanie Dornschneider | Published Mon Apr 29 12:53:09 2019 | Last modified Fri May 24 10:40:36 2019

The purpose of the simulation was to explore and better understand the process of bridging between an analysis of qualitative data and the specification of a simulation. This may be developed for more serious processes later but at the moment it is merely an illustration.
This exercise was done by Stephanie Dornschneider (School of Politics and International Relations, University College Dublin) and Bruce Edmonds to inform the discussion at the Lorentz workshop on “Integrating Qualitative and Quantitative Data using Social Simulation” at Leiden in April 2019. The qualitative data was collected and analysed by SD. The model specification was developed as the result of discussion by BE & SD. The model was programmed by BE. This is described in a paper submitted to Social Simulation 2019 and (to some extent) in the slides presented at the workshop.

ACT: Agent-based model of Critical Transitions

Oscar Kraan Steven Dalderop Gert Jan Kramer Igor Nikolic | Published Wed Oct 18 14:20:29 2017 | Last modified Mon Aug 27 13:51:30 2018

ACT is an ABM based on an existing conceptualisation of the concept of critical transitions applied to the energy transition. With the model we departed from the mean-field approach simulated relevant actor behaviour in the energy transition.

This model has been created with and for the researcher-farmers of the Muonde Trust (http://www.muonde.org/), a registered Zimbabwean non-governmental organization dedicated to fostering indigenous innovation. Model behaviors and parameters (mashandiro nemisiyano nedzimwe model) derive from a combination of literature review and the collected datasets from Muonde’s long-term (over 30 years) community-based research. The goals of this model are three-fold (muzvikamu zvitatu):
A) To represent three components of a Zimbabwean agro-pastoral system (crops, woodland grazing area, and livestock) along with their key interactions and feedbacks and some of the human management decisions that may affect these components and their interactions.
B) To assess how climate variation (implemented in several different ways) and human management may affect the sustainability of the system as measured by the continued provisioning of crops, livestock, and woodland grazing area.
C) To provide a discussion tool for the community and local leaders to explore different management strategies for the agro-pastoral system (hwaro/nzira yekudyidzana kwavanhu, zvipfuo nezvirimwa), particularly in the face of climate change.

EthnoCultural Tag model (ECT)

David Hales Bruce Edmonds | Published Fri Oct 16 13:26:37 2015 | Last modified Wed May 9 10:04:58 2018

Captures interplay between fixed ethnic markers and culturally evolved tags in the evolution of cooperation and ethnocentrism. Agents evolve cultural tags, behavioural game strategies and in-group definitions. Ethnic markers are fixed.

Agent-based version of the simple search and barter economy conceived by Peter Diamond in 1982. The model is also known as Coconut Model.

This is an agent-based model of the implementation of the self-enforcing agreement in cooperative teams.

A Complex Model of Voter Turnout

Bruce Edmonds Laurence Lessard-Phillips Ed Fieldhouse | Published Mon Oct 13 09:35:26 2014 | Last modified Tue Aug 18 15:20:53 2015

This is a complex “Data Integration Model”, following a “KIDS” rather than a “KISS” methodology - guided by the available evidence. It looks at the complex mix of social processes that may determine why people vote or not.

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