AGENT-BASED MODELING AND SIMULATION OF AN ARTIFICIAL ECONOMY WITH REPAST

Authored by Igli Hakrama, Neki Frasheri

Date Published: 2018

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Model Documentation: Other Narrative Flow charts

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Abstract

This paper presents the approach used to implement a simulation model of an artificial economy by using agent-based modeling. The work starts by investigating the use of agent-based methods in economy and the different solutions given by other developers. Then it continues by describing the analysis and design of the artificial economy model, and later it shows the implementation steps taken to build this simulation on the Repast Framework.
Tags
Simulation Agent-based modeling Computational Economics Multi-agent system Agent-based computational economics