Computational Model Library

Displaying 10 of 117 results market clear search

Metaphoria 2019

Timothy Gooding | Published Sunday, February 24, 2019

This model test the efficiency of the market economy in comparison with a hunter/gatherer economy. It also compares the model outcomes between a market economy when using eternal agents with one using mortal agents.

We study three obstacles of the expansion of contract rice farming in the Mekong Delta (MKD) region. The failure of buyers in building trust-based relationship with small-holder farmers, unattractive offered prices from the contract farming scheme, and limited rice processing capacity have constrained contractors from participating in the large-scale paddy field program. We present an agent-based model to examine the viability of contract farming in the region from the contractor perspective.

The model focuses on financial incentives and trust, which affect the decision of relevant parties on whether to participate and honor a contract. The model is also designed in the context of the MKD’s rice supply chain with two contractors engaging in the contract rice farming scheme alongside an open market, in which both parties can renege on the agreement. We then evaluate the contractors’ performances with different combinations of scenarios related to the three obstacles.

Our results firstly show that a fully-equipped contractor who opportunistically exploits a relatively small proportion (less than 10%) of the contracted farmers in most instances can outperform spot market-based contractors in terms of average profit achieved for each crop. Secondly, a committed contractor who offers lower purchasing prices than the most typical rate can obtain better earnings per ton of rice as well as higher profit per crop. However, those contractors in both cases could not enlarge their contract farming scheme, since either farmers’ trust toward them decreases gradually or their offers are unable to compete with the benefits from a competitor or the spot market. Thirdly, the results are also in agreement with the existing literature that the contract farming scheme is not a cost-effective method for buyers with limited rice processing capacity, which is a common situation among the contractors in the MKD region.

LaMEStModel

Ruth Meyer | Published Friday, October 12, 2018

The Labour Markets and Ethnic Segmentation (LaMESt) Model is a model of a simplified labour market, where only jobs of the lowest skill level are considered. Immigrants of two different ethnicities (“Latino”, “Asian”) compete with a majority (“White”) and minority (“Black”) native population for these jobs. The model’s purpose is to investigate the effect of ethnically homogeneous social networks on the emergence of ethnic segmentation in such a labour market. It is inspired by Waldinger & Lichter’s study of immigration and the social organisation of labour in 1990’s Los Angeles.

Takács, K. and Squazzoni, F. 2015. High Standards Enhance Inequality in Idealized Labor Markets. Journal of Artificial Societies and Social Simulation, 18(4), 2, http://jasss.soc.surrey.ac.uk/18/4/2.html
We built a simple model of an idealized labor market, in which there is no objective difference in average quality between groups and hiring decisions are not biased in favor of any particular group. Our results show that inequality in employment emerges necessarily also in such idealized situations due to the limited supply of high quality individuals and asymmetric information. Inequalities are exacerbated when employers have high standards and keep only the best workers in house. We found that ambitious workers get higher quality jobs even if ambition does not correlate or even negatively correlates with internal quality. Our findings help to corroborate empirical findings on higher employment discrepancies in high rather than low status jobs.

PercolationPrice

Koen Frenken Luis Izquierdo Paolo Zeppini | Published Thursday, December 21, 2017 | Last modified Thursday, May 03, 2018

This model simulate product diffusion on different social network structures.

This model explores a price Q-learning mechanism for perishable products that considers uncertain demand and customer preferences in a competitive multi-agent retailer market (a model-free environment).

Sorghum supply development in Meru County, Kenya

Tim Verwaart Coen Van Wagenberg | Published Wednesday, September 06, 2017 | Last modified Thursday, May 30, 2019

Trust between farmers and processors is a key factor in developing stable supply chains including “bottom of the pyramid”, small-scale farmers. This simulation studies a case with 10000 farmers.

Policy Formulation for Public Administration - Innovation

Bashar Ourabi | Published Tuesday, August 29, 2017 | Last modified Tuesday, August 29, 2017

Innovation a byproduct of the intellectual capital, requires a new paradigm for the production constituents. Human Capital HC,Structural capital SC and relational capital RC become key for intellectual capital and consequently for innovation.

Next generation of the CHALMS model applied to a coastal setting to investigate the effects of subjective risk perception and salience decision-making on adaptive behavior by residents.

This is an agent-based model that simulates the structural evolution in food supply chain.

Displaying 10 of 117 results market clear search

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