Market Exchange Modelling Experiment, Simulation Algorithms, and Theoretical Analysis
AbstractThe purpose of this paper is, through a system of software, to analyze some theoretical aggregate models. We suggest to build a disaggregated model to compare its results with these of the aggregated one. The disaggregated model uses an analogical mechanism of the individual behaviors so that a validation of it by experiments is possible. We apply the system to the mechanism of prices and we do experiments at school, which unable the Mises-Hayek-Lange debate to be reconsidered through the computer implementation of its system.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 4196.
Date of creation: 1999
Date of revision: 2000
Economic Modelling ; Simulation ; Planning vs Market ; Economic Software ; Experimental Economics;
Find related papers by JEL classification:
- C90 - Mathematical and Quantitative Methods - - Design of Experiments - - - General
- C88 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Other Computer Software
- C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Statistical Simulation Methods: General
- B53 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Austrian
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