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An Agent-based Computational Study of Wealth Distribution in Function of Technological Progress Using Netlogo

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

Autori: Romulus-Catalin Damaceanu

Editorial: Scientific & Academic Publishing, American Journal of Economics, 1(1), p.15-20, 2011.


In this paper, we computed Gini coefficient in function of technological progress modeled using agent-based methodology in the frame of NetLogo software. We start from the simplest type of society (agrarian society), continue with the industrial one where we model the phenomenon of industrial revolution with four waves, and end with green revolution with other four waves. The conclusion is that technological progress has a negative influence on equality of wealth distribution measured by Gini coefficient and this is explained by the heterogeneity of turtle’s population given by their variable vision.

Cuvinte cheie: Gini Coefficient, Agent-Based Methodology, Netlogo Software, Technological Progress, Renewable and Nonrenewable Resources