Computational Model Library

This is a set of threshold public goods games models. Set consists of baseline model, endogenous shared punishment model, endogenous shared punishment model with activists and cooperation model. In each round, all agents are granted a budget of size set in GUI. Then they decide on how much they contribute to public goods and how much they keep. Public goods are provided only if the sum of contributions meets or exceeds the threshold defined in the GUI. After each round agents evaluate their strategy and payoff from this strategy.

This model inspects the performance of firms as the product attribute space changes, which evolves as a consequence of firms’ actions. Firms may create new product variants by dragging demand from other existing variants. Firms decide whether to open new product variants, to invade existing ones, or to keep their variant portfolio. At each variant there is a Cournot competition each round. Competition is nested since many firms compete at many variants simultaneously, affecting firm composition at each location (variant).

After the Cournot outcomes, at each round firms decide whether to (i) keep their existing product variant niche, (ii) invade an existing variant, (iii) create a new variant, or (iv) abandon a variant. Firms’ profits across their niche take into consideration the niche-width cost and the cost of opening a new variant.

This article presents an agent-based model of an Italian textile district where thousands of small firms specialize in particular phases of fabrics production. It reconstructs the web of communication between firms as they arrange production chains. In turn, production chains result in road traffic between the geographical areas on which the district extends. The reconstructed traffic exhibits a pattern that has been observed, but not foreseen, by policy makers.

We study the impact of endogenous creation and destruction of social ties in an artificial society on aggregate outcomes such as generalized trust, willingness to cooperate, social utility and economic performance. To this end we put forward a computational multi-agent model where agents of overlapping generations interact in a dynamically evolving social network. In the model, four distinct dimensions of individuals’ social capital: degree, centrality, heterophilous and homophilous interactions, determine their generalized trust and willingness to cooperate, altogether helping them achieve certain levels of social utility (i.e., utility from social contacts) and economic performance. We find that the stationary state of the simulated social network exhibits realistic small-world topology. We also observe that societies whose social networks are relatively frequently reconfigured, display relatively higher generalized trust, willingness to cooperate, and economic performance – at the cost of lower social utility. Similar outcomes are found for societies where social tie dissolution is relatively weakly linked to family closeness.

Peer reviewed BAM: The Bottom-up Adaptive Macroeconomics Model

Alejandro Platas López | Published Tue Jan 14 17:04:32 2020

Overview

Purpose

Modeling an economy with stable macro signals, that works as a benchmark for studying the effects of the agent activities, e.g. extortion, at the service of the elaboration of public policies..

Cultural Group Selection of Sustainable Institutions

Timothy Waring Sandra H Goff Paul Smaldino | Published Wed Jun 10 17:38:06 2015 | Last modified Tue Aug 4 14:14:05 2015

We develop a spatial, evolutionary model of the endogenous formation and dissolution of groups using a renewable common pool resource. We use this foundation to measure the evolutionary pressures at different organizational levels.

This is a conceptual model of underlying forces creating industrial clusters. There are two contradictory forces - attraction and repulsion. Firms within the same Industry are attracted to each other and on the other hand, firms with the same Activity are repulsed from each other. In each round firm with the lowest fitness is selected to change its profile of Industries and Activities. Based on these simple rules interesting patterns emerge.

A test-bed ecological model

Bruce Edmonds | Published Sun May 4 13:22:47 2014 | Last modified Wed May 15 14:18:58 2019

This is a multi-patch meta-population ecological model. It intended as a test-bed in which to test the impact of humans with different kinds of social structure.

OLIGO

Mason Wright | Published Thu Oct 24 21:55:58 2013 | Last modified Mon Apr 8 20:40:48 2019

A multi-agent model of oligarchy in a spatial election simulation.

Long Term Impacts of Bank Behavior on Financial Stability An Agent Based Modeling Approach

Ilker Arslan | Published Tue Oct 13 19:03:26 2015 | Last modified Mon Apr 8 20:37:54 2019

This model simulates a bank - firm credit network.

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