Agent Based Growth, Exchange, and Distribution Model
written by
Wolfgang Christian, Jan Tobochnik, and Harvey Gould
How does growth influence the distribution of wealth in a society? We investigate this question using a simple agent-based model that adds growth and its distribution to the basic Yard Sale Model for asset exchange. Our model economy consists of N agents (economic actors such as a person, family, or a company) which make economic decisions. Interacting agents are chosen randomly so that each agent participates, on average, in two transactions in one time step. After N transactions (one time step) the economy grows and the growth is distributed to the agents.
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Last Modified: October 17, 2022
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<a href="https://www.compadre.org/OSP/items/detail.cfm?ID=16189">Christian, W, J. Tobochnik, and H. Gould. "Agent Based Growth, Exchange, and Distribution Model."</a>
W. Christian, J. Tobochnik, and H. Gould, Computer Program AGENT BASED GROWTH, EXCHANGE, AND DISTRIBUTION MODEL (2022), WWW Document, (https://www.compadre.org/Repository/document/ServeFile.cfm?ID=16189&DocID=5565).
W. Christian, J. Tobochnik, and H. Gould, Computer Program AGENT BASED GROWTH, EXCHANGE, AND DISTRIBUTION MODEL (2022), <https://www.compadre.org/Repository/document/ServeFile.cfm?ID=16189&DocID=5565>.
Christian, W., Tobochnik, J., & Gould, H. (2022). Agent Based Growth, Exchange, and Distribution Model [Computer software]. Retrieved December 11, 2023, from https://www.compadre.org/Repository/document/ServeFile.cfm?ID=16189&DocID=5565
Christian, W, J. Tobochnik, and H. Gould. "Agent Based Growth, Exchange, and Distribution Model." https://www.compadre.org/Repository/document/ServeFile.cfm?ID=16189&DocID=5565 (accessed 11 December 2023).
Christian, Wolfgang, Jan Tobochnik, and Harvey Gould. Agent Based Growth, Exchange, and Distribution Model. Computer software. 2022. 11 Dec. 2023 <https://www.compadre.org/Repository/document/ServeFile.cfm?ID=16189&DocID=5565>.
@misc{
Author = "Wolfgang Christian and Jan Tobochnik and Harvey Gould",
Title = {Agent Based Growth, Exchange, and Distribution Model},
Month = {July},
Year = {2022}
}
%A Wolfgang Christian %A Jan Tobochnik %A Harvey Gould %T Agent Based Growth, Exchange, and Distribution Model %D July 31, 2022 %U https://www.compadre.org/Repository/document/ServeFile.cfm?ID=16189&DocID=5565 %O text/html
%0 Computer Program %A Christian, Wolfgang %A Tobochnik, Jan %A Gould, Harvey %D July 31, 2022 %T Agent Based Growth, Exchange, and Distribution Model %8 July 31, 2022 %U https://www.compadre.org/Repository/document/ServeFile.cfm?ID=16189&DocID=5565
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