Rule-based modeling of labor market dynamics: an introduction
Authored by Clemens Kuehn, Katja Hillmann
Date Published: 2016
DOI: 10.1007/s11403-014-0139-z
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Platforms:
BioNetGen
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Abstract
Labor market dynamics are not fully understood today. Their formal
description often assumes homogeneity among individual agents in the
labor market. Agent based frameworks allow for the faithful description
of heterogeneous systems and are thus well suited for a detailed
description of labor market dynamics. Here, we introduce rule-based
modeling as a novel approach of agent-based modeling with regard to the
description of labor market dynamics. We discuss its advantages and
limitations, and we demonstrate that BioNetGen, an implementation of
rule based modeling, can efficiently describe socio-economic
interactions and that it compares favorably to other agent based
softwares.
Tags
Simulation
networks
visualization
systems
Fluctuations
Signal-transduction
Calculus
Cyclical behavior
Equilibrium unemployment
Mobile
processes