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An Agent-Supported Simulation of Labour and Financial Markets for Migration Processes

In: Progress in Artificial Economics

Author

Listed:
  • Nancy Ruiz

    (Universidad Politecnica de Valencia)

  • Vicente Botti

    (Universidad Politecnica de Valencia)

  • Adriana Giret

    (Universidad Politecnica de Valencia)

  • Vicente Julian

    (Universidad Politecnica de Valencia)

  • Oscar Alvarado

    (Universidad Politecnica de Valencia)

  • Victor Perez

    (Cañada Real de las Merinas)

  • Rosa M. Rodriguez

    (Cañada Real de las Merinas)

Abstract

The Migration Process is a phenomenon that includes a variety of actors, societies and political issues at different levels. In the migration problem it is then possible to observe complex interactions among different entities: there are links among economics, politics, social, commercial, labour, health, culture, and safety areas. Migration movements may also influence and be influenced by the effects of policies and norms of both sending and receiving countries. One of the key factors that influence the Migration Process behavior is the Labour Market, which is simultaneously affected by Financial Markets. These interactions have been traditionally represented by mathematical approaches that do not allow including flexibility, autonomy, adaptive and pro-activity features that are present into the dynamic and complex real life migration scenarios. On the other hand, the Multiagent System (MAS) paradigm has been successfully applied in studies related to mass movement in complex environments. In this paper a MAS simulation approach is proposed to simulate the migration process and to model micro-level interaction protocols that link Labour and Financial Markets to Migration Processes (MP-LM&FM) in order to observe dynamic behaviours that may emerge at macro level.

Suggested Citation

  • Nancy Ruiz & Vicente Botti & Adriana Giret & Vicente Julian & Oscar Alvarado & Victor Perez & Rosa M. Rodriguez, 2010. "An Agent-Supported Simulation of Labour and Financial Markets for Migration Processes," Lecture Notes in Economics and Mathematical Systems, in: Marco Li Calzi & Lucia Milone & Paolo Pellizzari (ed.), Progress in Artificial Economics, pages 241-252, Springer.
    • Handle: RePEc:spr:lnechp:978-3-642-13947-5_20
    DOI: 10.1007/978-3-642-13947-5_20
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    Cited by:

    1. Anna Klabunde & Frans Willekens, 2016. "Decision-Making in Agent-Based Models of Migration: State of the Art and Challenges," European Journal of Population, Springer;European Association for Population Studies, vol. 32(1), pages 73-97, February.

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