Abstract
In this chapter, we perform five computer experiments that simulate the functioning of the artificial economy with different values for the three control parameters: rs={-2,-1,0,1,2}, NoProducers={1,2,3,.,100}, and NoConsumers={1,2,3,.,100}. Based on these five experiments, we measure five indexes: Herfindahl-Hirschman index, Gini index, mean value of prices for products, mean value of prices for resources, and mean value of obtained production.
Keywords: Computer experiments, Herfindahl-Hirschman index, Gini index, composite index that measure economy performance.
About this chapter
Cite this chapter as:
Romulus-Catalin Damaceanu ;The Computational Experiments, Agent-Based Computational Economics Using NetLogo (2013) 1: 72. https://doi.org/10.2174/9781608054893113010006
DOI https://doi.org/10.2174/9781608054893113010006 |
Publisher Name Bentham Science Publisher |