Authors:
Pavel Čech
;
Petr Tučník
;
Vladimír Bureš
and
Martina Husáková
Affiliation:
University of Hradec Králové, Czech Republic
Keyword(s):
Virtual Economy, Complexity, Agent, Multi-Agent System, Self-Organization, Simulation, Modelling.
Related
Ontology
Subjects/Areas/Topics:
Artificial Intelligence
;
Communication, Collaboration and Information Sharing
;
KM Strategies and Implementations
;
Knowledge Management and Information Sharing
;
Knowledge Management Projects
;
Knowledge-Based Systems
;
Symbolic Systems
;
Tools and Technology for Knowledge Management
Abstract:
Agent-based computational economics (ACE) is a multidisciplinary area using the agent-based approach for deeper understanding of economic phenomena occurring in the micro or macro-level. This paper investigates the application of multi-agent systems for modelling and simulation of virtual economy for research of self-organizing principles and adaptability of economic subjects. The proposed agent-based model uses four basic types of autonomous agents. Each one is responsible for crucial activity (consuming, production, mining, transporting) ensuring existence of the modelled virtual economy. Presented model is simplified in several aspects, for example banking operations or activities of government are not included in the model, but the model provides useful basis for the research of economic processes and progress of the city of Hradec Králové.