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Agent-Based Toy Modeling for Comparing Distributive and Competitive Free Market

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Advances in Artificial Life. Darwin Meets von Neumann (ECAL 2009)

Part of the book series: Lecture Notes in Computer Science ((LNAI,volume 5778))

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Abstract

Is a competitive free market the most efficient way to equally allocate rare resources among economical agents ? Many economists tend to think it is the case. This paper presents a preliminary attempt through a very Alife like model to tackle this question. Agents which are alternatively producer, seller, buyer and consumer participate in a free market to increase their welfare. The simulation is organized and presented in a UML class diagram and two types of economy, competitive and distributive, are compared.

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Author information

Authors and Affiliations

  1. IRIDIA/CODE CP 194/6, Université Libre de Bruxelles, 1050, Bruxelles, Belgium

    Hugues Bersini

Authors
  1. Hugues Bersini
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Editor information

Editors and Affiliations

  1. Department of History and Philosophy of Science, Eötvös University, Pázmány P.s. 1/C, 1117, Budapest, Hungary

    George Kampis

  2. Department of Biological Sciences, East Tennessee State Unviversity, TN 37614-1710, Johnso City, USA

    István Karsai

  3. Collegium Budapest, Szentháromság u.2, 1014, Budapest, Hungary

    Eörs Szathmáry

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Bersini, H. (2011). Agent-Based Toy Modeling for Comparing Distributive and Competitive Free Market. In: Kampis, G., Karsai, I., Szathmáry, E. (eds) Advances in Artificial Life. Darwin Meets von Neumann. ECAL 2009. Lecture Notes in Computer Science(), vol 5778. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-21314-4_33

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  • DOI: https://doi.org/10.1007/978-3-642-21314-4_33

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-21313-7

  • Online ISBN: 978-3-642-21314-4

  • eBook Packages: Computer ScienceComputer Science (R0)

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