Economic Simulations in Swarm: Agent-Based Modelling and Object Oriented Programming

✍ Scribed by Benedikt Stefansson (auth.), Francesco Luna, Benedikt Stefansson (eds.)

• Publisher: Springer US
• Year: 2000
• Tongue: English
• Leaves: 314
• Series: Advances in Computational Economics 14
• Edition: 1
• Category: Library

✦ Synopsis

Computer simulations of economic systems are slowly gaining ground within the economic profession. However, such a process is hindered by a lack of communication among researchers who do not share a common language. For its object-oriented structure and its versatility, Swarm has the necessary characteristics to become a credible universal language of agent-based simulations.
Economic Simulations in Swarm collects a series of original articles in such domains as macro and micro economics, industrial organization, monetary theory, and finance, all linked by a common denominator: the use of the Swarm simulation platform.
Swarm, a standard set of program libraries, allows users to construct simulations where a collection of heterogeneous independent agents or elements interact through discrete events. This volume offers the first extensive tutorial to the use of these software libraries developed at the Santa Fe Institute as part of the ongoing research into complexity.
The editors conceived the idea of this book while visiting the Santa Fe Institute as members of the `Working Group on Adaptive and Computable Economics'. Francesco Luna is a specialist in Computable Economics, and Benedikt Stefansson is an active contributor to the Swarm community.

✦ Table of Contents

Front Matter....Pages i-xxxvi
Front Matter....Pages 1-1
Simulating Economic Agents in Swarm....Pages 3-61
Installation: An Appendix....Pages 63-70
Front Matter....Pages 71-71
Economic Experiments with Swarm: A Neural Network Approach to the Self-Development of Consistency in Agents’ Behavior....Pages 73-103
Endogenous Growth with Cycles in a Swarm Economy: Fighting Time, Space, and Complexity....Pages 105-131
Imitative Behaviour in Tax Evasion....Pages 133-158
An Experimental Approach to the Study of Banking Intermediation: The Banknet Simulator....Pages 159-179
Numerical Modeling, Noise Traders, and the Swarm Simulation System....Pages 181-202
Nonlinear Stochastic Dynamics for Supply Counterfeiting in Monopolistic Markets....Pages 203-223
Using Swarm for Simulating the Order Fulfillment Process in Divergent Assembly Supply Chains....Pages 225-249
Online Supply Chain Modeling and Simulation....Pages 251-272
The Coevolution of Human Capital and Firm Structure....Pages 273-287
Back Matter....Pages 289-291

✦ Subjects

Economic Theory