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An agent-based computational study of wealth distribution in function of resource growth interval using NetLogo

Domenii publicaţii > Economie + Tipuri publicaţii > Articol în revistã ştiinţificã

Autori: Romulus-Catalin Damaceanu

Editorial: Applied Mathematics and Computation, 201, p.371-377, 2008.


We describe an agent-based computational model that simulates the distribution of wealth in three classes: upper, middle and lower. The experimental data show us that: (1) the wealth of economy based on renewable resources is increasing if the resource growth interval is decreasing with the condition that the other factors remained unchanged; (2) the wealth of an economy based on renewable resources is higher in comparison with the wealth of an economy based on nonrenewable resources. This conclusion stresses the fact that the global economy must focus on using renewable resources because this approach may increase the global wealth.

Cuvinte cheie: simulation software; agent-based computational model; computational experiments