Evolution of Macro-generations: Multi-agent Approach
AbstractThe article offers an approach to modelling macro-economic dynamics as a process of change of macro-generations, which envisages a preliminary analysis of macro-dynamics with the use of the production function, justification of the model of an individual macro-generation, revelation of macro-generations and assessment of their parameters, analysis and interpretation of their evolution phases. The preliminary study allowed formulation of an assumption of a multi-agent model of macro-economic dynamics. In order to test them in the NetLogo software environment, the article builds up a model of evolution of macro-generations. In the course of modelling the article obtains macro-effects, which are not available in behaviour of each individual agent, experimentally confirms theoretical assumptions with respect to the moments of origination and dynamics of macro-generations. The obtained results completely agree with theoretical prerequisites and conclusions of preceding studies and allow making a conclusion about suitability of this approach for analysis of evolution processes in economy.
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Bibliographic InfoArticle provided by RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics in its journal Business Inform.
Volume (Year): (2013)
Issue (Month): 10 ()
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Web page: http://www.business-inform.net
economic growth; evolution theory; multi-agent model;
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