• DocumentCode
    1889917
  • Title

    Agent based modeling of national economy - centralized mode analysis of virtual economy by GA simulation

  • Author

    Deguchi, Hiroshi ; Kobayashi, Masato ; Lee, Hao

  • Author_Institution
    Tokyo Inst. of Technol., Japan
  • Volume
    3
  • fYear
    2003
  • fDate
    16-20 July 2003
  • Firstpage
    1317
  • Abstract
    In this paper we analyze national economy as a socioeconomic multi-agent system. For the purpose we investigate the centralized bird´s eye view model of small national economy across the terms. We analyze the model by hybrid approach between machine agent model and human gaming simulation model. We investigate effective growth path by genetic algorithm in machine agent model. We can find effective growth path by GA under complex boundary conditions. The results shows balanced growth in tern pike property as a growth path. Nevertheless economic decision path is complex and quite different from growth path.
  • Keywords
    economics; genetic algorithms; multi-agent systems; socio-economic effects; GA simulation; agent based modeling; autonomous agents; centralized mode analysis; cooperative agents; decentralized decision making; effective growth path; genetic algorithm; global optimization analysis; human gaming simulation model; hybrid approach; machine agent model; national economy; socioeconomic multiagent system; turnpike theorem; virtual economy; Agriculture; Analytical models; Autonomous agents; Boundary conditions; Economics; Genetic algorithms; Humans; Metals industry; Multiagent systems; Optimal control;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Computational Intelligence in Robotics and Automation, 2003. Proceedings. 2003 IEEE International Symposium on
  • Print_ISBN
    0-7803-7866-0
  • Type

    conf

  • DOI
    10.1109/CIRA.2003.1222187
  • Filename
    1222187