Computational Model Library

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..

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.

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.

Peer reviewed Emergent Firms Model

J Applegate | Published Fri Jul 13 15:04:37 2018

The Emergent Firm (EF) model is based on the premise that firms arise out of individuals choosing to work together to advantage themselves of the benefits of returns-to-scale and coordination. The Emergent Firm (EF) model is a new implementation and extension of Rob Axtell’s Endogenous Dynamics of Multi-Agent Firms model. Like the Axtell model, the EF model describes how economies, composed of firms, form and evolve out of the utility maximizing activity on the part of individual agents. The EF model includes a cash-in-advance constraint on agents changing employment, as well as a universal credit-creating lender to explore how costs and access to capital affect the emergent economy and its macroeconomic characteristics such as firm size distributions, wealth, debt, wages and productivity.

Lewis' Signaling Chains

Giorgio Gosti | Published Wed Jan 14 14:39:14 2015 | Last modified Fri Apr 3 15:01:29 2015

Signaling chains are a special case of Lewis’ signaling games on networks. In a signaling chain, a sender tries to send a single unit of information to a receiver through a chain of players that do not share a common signaling system.

A simple agent-based spatial model of the economy

Bernardo Alves Furtado Isaque Daniel Rocha Eberhardt | Published Thu Mar 10 18:26:16 2016 | Last modified Tue Nov 22 15:08:38 2016

The modeling includes citizens, bounded into families; firms and governments; all of them interacting in markets for goods, labor and real estate. The model is spatial and dynamic.

TRAINING AND TURNOVER

Kehinde Salau | Published Tue Dec 16 11:24:34 2008 | Last modified Sat Apr 27 20:18:51 2013

The purpose of the model presented by Glance et al is to study the ‘contribute vs. free-ride’ dilemma present in organizations.

This is an adaptation and extension of Robert Axtell’s model (2013) of endogenous firms, in Python 3.4

Peer reviewed Strategy with Externalities

J Applegate Glenn Hoetker | Published Thu Dec 21 15:12:54 2017

The SWE models firms search behaviour as the performance landscape shifts. The shift represents society’s pricing of negative externalities, and the performance landscape is an NK structure. The model is written in NetLogo.

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