Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
4634198 | Applied Mathematics and Computation | 2008 | 12 Pages |
Abstract
EURACE is a major European attempt to construct an agent-based model of the European economy with a very large population of autonomous, purposive agents interacting in a complicated economic environment. To create it, major advances are needed, in particular in terms of economic modeling and software engineering. In this paper, we describe the general structure of the economic model developed for EURACE and present the Flexible Large-scale Agent Modelling Environment (FLAME) that will be used to describe the agents and run the model on massively parallel supercomputers. Illustrative simulations with a simplified model based on EURACE’s labor market module are presented.
Related Topics
Physical Sciences and Engineering
Mathematics
Applied Mathematics
Authors
Christophe Deissenberg, Sander van der Hoog, Herbert Dawid,