Computational Model Library

The Price Evolution with Expectations model provides the opportunity to explore the question of non-equilibrium market dynamics, and how and under which conditions an economic system converges to the classically defined economic equilibrium. To accomplish this, we bring together two points of view of the economy; the classical perspective of general equilibrium theory and an evolutionary perspective, in which the current development of the economic system determines the possibilities for further evolution.

The Price Evolution with Expectations model consists of a representative firm producing no profit but producing a single good, which we call sugar, and a representative household which provides labour to the firm and purchases sugar.The model explores the evolutionary dynamics whereby the firm does not initially know the household demand but eventually this demand and thus the correct price for sugar given the household’s optimal labour.

The model can be run in one of two ways; the first does not include money and the second uses money such that the firm and/or the household have an endowment that can be spent or saved. In either case, the household has preferences for leisure and consumption and a demand function relating sugar and price, and the firm has a production function and learns the household demand over a set number of time steps using either an endogenous or exogenous learning algorithm. The resulting equilibria, or fixed points of the system, may or may not match the classical economic equilibrium.

Peer reviewed Least cost path mobility

Claudine Gravel-Miguel Colin Wren | Published Sat Sep 2 21:50:29 2017 | Last modified Thu May 30 23:20:23 2019

This model aims to mimic human movement on a realistic topographical surface. The agent does not have a perfect knowledge of the whole surface, but rather evaluates the best path locally, at each step, thus mimicking imperfect human behavior.

The Urban Traffic Simulator is an agent-based model developed in the Unity platform. The model allows the user to simulate several autonomous vehicles (AVs) and tune granular parameters such as vehicle downforce, adherence to speed limits, top speed in mph and mass. The model allows researchers to tune these parameters, run the simulator for a given period and export data from the model for analysis (an example is provided in Jupyter Notebook).

The data the model is currently able to output are the following:

The integrated and spatially-explicit ABM, called DIReC (Demography, Industry and Residential Choice), has been developed for Aberdeen City and the surrounding Aberdeenshire (Ge, Polhill, Craig, & Liu, 2018). The model includes demographic (individual and household) models, housing infrastructure and occupancy, neighbourhood quality and evolution, employment and labour market, business relocation, industrial structure, income distribution and macroeconomic indicators. DIReC includes a detailed spatial housing model, basing preference models on house attributes and multi-dimensional neighbourhood qualities (education, crime, employment etc.).
The dynamic ABM simulates the interactions between individuals, households, the labour market, businesses and services, neighbourhoods and economic structures. It is empirically grounded using multiple data sources, such as income and gender-age distribution across industries, neighbourhood attributes, business locations, and housing transactions. It has been used to study the impact of economic shocks and structural changes, such as the crash of oil price in 2014 (the Aberdeen economy heavily relies on the gas and oil sector) and the city’s transition from resource-based to a green economy (Ge, Polhill, Craig, & Liu, 2018).

In recent years we have seen multiple incidents with a large number of people injured and killed by one or more armed attackers. Since this type of violence is difficult to predict, detecting threats as early as possible allows to generate early warnings and reduce response time. In this context, any tool to check and compare different action protocols can be a further step in the direction of saving lives. Our proposal combines features from continuous and discrete models to obtain the best of both worlds in order to simulate large and crowded spaces where complex behavior individuals interact. With this proposal we aim to provide a tool for testing different security protocols under several emergency scenarios, where spaces, hazards, and population can be customized. Finally, we use a proof of concept implementation of this model to test specific security protocols under emergency situations for real spaces. Specifically, we test how providing some users of a university college with an app that informs about the type and characteristics of the ongoing hazard, affects in the safety performance.

MCR Model

Davide Secchi Nuno R Barros De Oliveira | Published Fri Jul 22 08:59:51 2016 | Last modified Sat Jan 23 20:20:27 2021

The aim of the model is to define when researcher’s assumptions of dependence or independence of cases in multiple case study research affect the results — hence, the understanding of these cases.

This repository contains: (1) a model calibration procedure that identifies a set of diverse, plausible models; and (2) an ABM of smallholder agriculture, which is used as a case study application for the calibration method. By identifying a set of diverse models, the calibration method attends to the issue of “equifinality” prevalent in complex systems, which is a situation where multiple plausible process descriptions exist for a single outcome.

Peer reviewed BAM: The Bottom-up Adaptive Macroeconomics Model

Alejandro Platas López Alejandro Guerra-Hernández | Published Tue Jan 14 17:04:32 2020 | Last modified Sun Jul 26 00:26:21 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..

TeleABM

Yue Dou | Published Tue Dec 10 20:25:14 2019 | Last modified Wed Apr 29 13:08:15 2020

We construct a new type of agent-based model (ABM) that can simultaneously simulate land-use changes at multiple distant places (namely TeleABM, telecoupled agent-based model). We use soybean trade between Brazil and China as an example, where Brazil is the sending system and China is the receiving system because they are the world’s largest soybean exporter and importer respectively. We select one representative county in each country to calibrate and validate the model with spatio-temporal analysis of historical land-use changes and the empirical analysis of household survey data. The whole model is programmed on RePast Simphony. The most unique features of TeleABM are that it can simulate a telecoupled system and the flows between sending and receiving systems in this telecoupled system.

Dynamic Interbank Network Simulator

Valentina Guleva | Published Wed Nov 23 16:05:19 2016 | Last modified Mon Apr 13 04:05:36 2020

The model provides instruments for the simulation of interbank network evolution. There are tools for dynamic network analysis, allowing to evaluate graph topological invariants, thermodynamic network features and combinational node-based features.

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