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An agent-based Keynesian laboratory is built with a twofold purpose; to further investigate the ideas of Keynes and check them for internal consistency, and secondly to investigate the stability of a Keynesian world and explore the scope for economic policy. The laboratory is developed in Swarm...
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That there are foundational problems involved in simulation approaches to economics can hardly come as a surprise to the reader. Some of these problems are inherited from economics but are exposed anew when a simulation approach is chosen, and computability required. These are problems as...
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Agent-based methods have provided economics with new ways of modeling economic processes. We have found these possibilities useful with respect to modeling endogenous growth, in particular the modeling of learning agents that must cope with real world growth constraints such as time, space, and...
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Is a fair degree of equality among economic agents with respect to income and wealth compatible with an optimal level of economic growth - or does initiatives promoting equality restrain growth, or in the opposite, does initiatives promoting growth restrain equality? These are questions that...
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