Agent-Based Computational Economics Using NetLogo

by

Romulus-Catalin Damaceanu

DOI: 10.2174/97816080537351120101
eISBN: 978-1-60805-489-3, 2013
ISBN: 978-1-60805-638-5



Indexed in: EBSCO.

Agent-based Computational Economics using NetLogo explores how researchers can create, use and implement multi-agent ...[view complete introduction]
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The Computational Experiments

- Pp. 72-82 (11)

Romulus-Catalin Damaceanu

Abstract

In this chapter, we perform five computer experiments that simulate the functioning of the artificial economy with different values for the three control parameters: rs={-2,-1,0,1,2}, NoProducers={1,2,3,.,100}, and NoConsumers={1,2,3,.,100}. Based on these five experiments, we measure five indexes: Herfindahl-Hirschman index, Gini index, mean value of prices for products, mean value of prices for resources, and mean value of obtained production.

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