Sorry for the (only partly) flippant answer: Simcity!

On 12/04/2009, Russ Abbott <[email protected]> wrote:
> Does anyone know of good examples of generic agent-based market economies?
> I'm thinking of something as simple as this.
>
> A population consists of agents each of which has certain continuing needs
> (such as food, clothing, shelter, Internet access, etc.) to survive. As a
> starting point, let's assume that each agent needs one unit of each of N
> resources every time period.  Let's also assume that each agent is
> specialized and is capable of creating enough of one of the needed resources
> to satisfy the needs of N agents. (The fact that I used the same N in both
> places was intentional.) To keep it simple let's assume that these acts of
> creation occur from scratch, i.e., that the creator doesn't need raw
> materials, that all that's necessary for an agent to create a needed
> resource is that the agent be alive. The agents presumably develop a barter
> economy, trading the resources they create for the resources they need to
> stay alive. Perhaps markets develop, and perhaps money develops. At this
> point the economy should be fairly stable. Each agent creates enough stuff
> so that s/he can trade it for what s/he needs to stay live.
>
> Perhaps some of the agents learn how to be more efficient in creating their
> resource and begin to accumulate "wealth" in some form.  Perhaps the agents
> have discretionary desires, which they fill if they have enough resources
> left over after meeting their basic needs. Perhaps there are communal
> services that are paid for by taxes or memberships.  This could become
> increasingly elaborate.
>
> It seems to me that models of this sort must have been developed -- perhaps
> many times. Does anyone know of any references to this sort of work?
>
> Thanks.
>
> -- Russ Abbott
> _____________________________________________
> Professor, Computer Science
> California State University, Los Angeles
> o Check out my blog at http://bluecatblog.wordpress.com/
>


-- 
Saul Caganoff
Enterprise IT Architect
LinkedIn: http://www.linkedin.com/in/scaganoff

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