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Designing adaptive artificial agents for an economic production and conflict model

Hassani-M, Behrooz and Parris, Brett W. 2009, Designing adaptive artificial agents for an economic production and conflict model. In Korb, Kevin, Randall, Marcus and Hendtlass, Tim (ed), Artificial life : borrowing from biology, Springer, Berlin , Germany, pp.179-190.

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Title Designing adaptive artificial agents for an economic production and conflict model
Author(s) Hassani-M, Behrooz
Parris, Brett W.
Title of book Artificial life : borrowing from biology
Editor(s) Korb, Kevin
Randall, Marcus
Hendtlass, Tim
Publication date 2009
Series Lecture notes in computer science. Lecture notes in artificial intelligence; 5865
Chapter number 18
Total chapters 27
Start page 179
End page 190
Total pages 12
Publisher Springer
Place of Publication Berlin , Germany
Keyword(s) Production and Conflict Models
Agent-based Modelling
Adaptive Behavior
Summary Production and conflict models have been used over the past 30 years to represent the effects of unproductive resource allocation in economics. Their major applications are in modelling the assignment of property rights, rentseeking and defense economics. This paper describes the process of designing an agent used in a production and conflict model. Using the capabilities of an agent-based approach to economic modelling, we have enriched a simple decision-maker of the kind used in classic general equilibrium economic models, to build an adaptive and interactive agent which uses its own attributes, its neighbors’ parameters and information from its environment to make resource allocation decisions. Our model presents emergent and adaptive behaviors than cannot be captured using classic production and conflict agents. Some possible extensions for future applications are also recommended.
Notes This book comprises the refereed proceedings of the 4th Australian Conference on Artificial Life, ACAL 2009, held in Melbourne, Australia, in December 2009.
ISBN 3642104266
Language eng
Field of Research 160505 Economic Development Policy
Socio Economic Objective 970114 Expanding Knowledge in Economics
HERDC Research category B1.1 Book chapter
Copyright notice ©2009, Springer-Verlag Berlin Heidelberg
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Document type: Book Chapter
Collection: School of International and Political Studies
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