IDEAS home Printed from https://ideas.repec.org/p/hal/cesptp/halshs-00732820.html
   My bibliography  Save this paper

Two modes of scheduling in a simple economic agent-based model

Author

Listed:
  • Sarah Wolf

    (PIK - Potsdam Institute for Climate Impact Research)

  • Steffen Fürst

    (PIK - Potsdam Institute for Climate Impact Research)

  • Wiebke Lass

    (PIK - Potsdam Institute for Climate Impact Research)

  • Daniel Lincke

    (PIK - Potsdam Institute for Climate Impact Research)

  • Antoine Mandel

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique, PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement)

  • C. Jaeger

    (PIK - Potsdam Institute for Climate Impact Research)

Abstract

Agent-based models (ABMs), and with them simulation, are gaining importance in economics. As ABMs offer the possibility to consider several equilibria, they can be helpful tools in the attempt at identifying win- win strategies for climate policy. Aiming at a better understanding of economic ABMs (also, but not only as dynamical systems in the mathematical sense), first steps can be made by studying strongly simplified economic ABMs. This paper presents work in progress on an example case: while in economic systems in the real world many actions and interactions by various agents take place in parallel, often ABMs use sequential computation. With a simple economic agent-based model of firms that trade and produce goods, we explore and discuss two alternative modes of scheduling. While one is better suited for working with data from national statistics, the other one dispenses with random shuffling that is often introduced to avoid a bias between agents which arises from sequential computations.

Suggested Citation

  • Sarah Wolf & Steffen Fürst & Wiebke Lass & Daniel Lincke & Antoine Mandel & C. Jaeger, 2012. "Two modes of scheduling in a simple economic agent-based model," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00732820, HAL.
    • Handle: RePEc:hal:cesptp:halshs-00732820
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Sarah Wolf & Steffen Fürst & Antoine Mandel & Wiebke Lass & Daniel Lincke & Federico Pablo-Marti & Carlo Jaeger, 2013. "A multi-agent model of several economic regions," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00825217, HAL.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:cesptp:halshs-00732820. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.