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Evolution of Macro-generations: Multi-agent Approach

Author

Listed:
  • Kononova Kateryna Yu.

    (V. N. Karazin Kharkiv National University)

  • Akulov Mykola V.

    (V. N. Karazin Kharkiv National University)

Abstract

The 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.

Suggested Citation

  • Kononova Kateryna Yu. & Akulov Mykola V., 2013. "Evolution of Macro-generations: Multi-agent Approach," Business Inform, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics, issue 10, pages 113-117.
    • Handle: RePEc:idp:bizinf:y:2013:i:10:p:113_117
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    References listed on IDEAS

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    1. Armen A. Alchian, 1950. "Uncertainty, Evolution, and Economic Theory," Journal of Political Economy, University of Chicago Press, vol. 58, pages 211-211.
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