IDEAS home Printed from https://ideas.repec.org/p/sce/scecf5/283.html
   My bibliography  Save this paper

SOCIODYNAMICA: An agent based computer simulation studying the interacting web of biological, social and economic behaviors

Author

Listed:
  • Klaus Jaffe

Abstract

Sociodynamics is an interdisciplinary attempt to study the dynamics of complex systems within the conceptual frame of subjects spanning biology, sociology, politics, history, economy and other sciences. For this purpose, the agent based computer simulation Sociodynamica has been developed to study the effect of attitudes and behaviors on aggregate wealth accumulation and other macro-economic parameters in artificial societies. The model simulates a continuous two-dimensional toroidal world through which different types of agents interact in an economically meaningful environment. The simulations test for the effect of different financial structures, such as barter, money, banks and derivatives on the ability of the virtual system to produce and accumulate wealth. Sociodynamica allows exploring the effect of heterogeneous distribution of labor, different types of organizations, variable properties of natural resources, different altruistic, emotive or rational behaviors of agents, and other features on the economic dynamic of the system. The results can be compared with known economic phenomena to test for the robustness of the assumptions used. The simulations help us in understanding and quantifying the relevance of different interactions that occur at the micro-economic level to the outcome of macroeconomic variables. Sociodynamica is proposed as an analytically useful a metaphor for a complex poly-ethic society of agents living in a free competitive market. Some concrete examples of the working of altruism, division of labor and banks on macroeconomic variables are provided. Two important results achieved so far are: 1- A precise differentiation between altruism and social investment that help clarify divergences in ongoing discussion of the subject among physicists, ecologists, game theorists, computer scientists, ethologists and economists. 2- A demonstration that optimal behavior of agents differ for different economic environments. Specifically, optimal behavior for undifferentiated hunter-gatherer economies, for agricultural societies, and for highly labor-differentiated technical societies is very different regarding optimal levels of mutual cooperation and other basic behaviors

Suggested Citation

  • Klaus Jaffe, 2005. "SOCIODYNAMICA: An agent based computer simulation studying the interacting web of biological, social and economic behaviors," Computing in Economics and Finance 2005 283, Society for Computational Economics.
  • Handle: RePEc:sce:scecf5:283
    as

    Download full text from publisher

    File URL: http://atta.labb.usb.ve/Klaus/klaus.htm
    File Function: main text
    Download Restriction: no

    File URL: http://repec.org/sce2005/up.18688.1107179804.pdf
    Download Restriction: no

    More about this item

    Keywords

    agent simulation micro-macro behavior;

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    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:sce:scecf5:283. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Christopher F. Baum). General contact details of provider: http://edirc.repec.org/data/sceeeea.html .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.