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| Title | Size Effects in Agent-Based Macroeconomic Models: An Initial Investigation |
| Creator | 陳樹衡 Chen, Shu-Heng Kao, Ying-Fang Chie, Bin-Tzong Meyer, Timo Venkatachalam, Ragupathy |
| Contributor | 經濟學系 |
| Date | 2017 |
| Date Issued | 7-Sep-2017 18:03:27 (UTC+8) |
| Summary | We investigate the scale-free property of an agent-based macroeconomic model initially proposed by Wright (Physica A, 346:589–620, 2005), called the Social Architecture (SA) model. The SA model has been shown to be able to replicate a number of important features of a macroeconomy, such as patterns concerning economic growth, business cycles, industrial dynamics, and income distribution. We explore whether macroeconomic stylized features resulting from this model are robust when the number of agents populating the (model) economy varies. We simulate the model by systematically varying the agent population with 100, 500, 1,000, 2,000, 4,000, 8,000, and 10,000 agents. Our results indicate that the SA model does exhibit significant size effects for several important variables. |
| Relation | Agent-Based Approaches in Economics and Social Complex Systems IX, pp 137-152 |
| Type | book/chapter |
| DOI | https://doi.org/10.1007/978-981-10-3662-0_11 |
| dc.contributor | 經濟學系 | zh_TW |
| dc.creator (作者) | 陳樹衡 | zh_TW |
| dc.creator (作者) | Chen, Shu-Heng | en_US |
| dc.creator (作者) | Kao, Ying-Fang | en_US |
| dc.creator (作者) | Chie, Bin-Tzong | en_US |
| dc.creator (作者) | Meyer, Timo | en_US |
| dc.creator (作者) | Venkatachalam, Ragupathy | en_US |
| dc.date (日期) | 2017 | |
| dc.date.accessioned | 7-Sep-2017 18:03:27 (UTC+8) | - |
| dc.date.available | 7-Sep-2017 18:03:27 (UTC+8) | - |
| dc.date.issued (上傳時間) | 7-Sep-2017 18:03:27 (UTC+8) | - |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/112591 | - |
| dc.description.abstract (摘要) | We investigate the scale-free property of an agent-based macroeconomic model initially proposed by Wright (Physica A, 346:589–620, 2005), called the Social Architecture (SA) model. The SA model has been shown to be able to replicate a number of important features of a macroeconomy, such as patterns concerning economic growth, business cycles, industrial dynamics, and income distribution. We explore whether macroeconomic stylized features resulting from this model are robust when the number of agents populating the (model) economy varies. We simulate the model by systematically varying the agent population with 100, 500, 1,000, 2,000, 4,000, 8,000, and 10,000 agents. Our results indicate that the SA model does exhibit significant size effects for several important variables. | en_US |
| dc.format.extent | 108 bytes | - |
| dc.format.mimetype | text/html | - |
| dc.relation (關聯) | Agent-Based Approaches in Economics and Social Complex Systems IX, pp 137-152 | en_US |
| dc.title (題名) | Size Effects in Agent-Based Macroeconomic Models: An Initial Investigation | en_US |
| dc.type (資料類型) | book/chapter | |
| dc.identifier.doi (DOI) | 10.1007/978-981-10-3662-0_11 | |
| dc.doi.uri (DOI) | https://doi.org/10.1007/978-981-10-3662-0_11 |