Abstract:
Since the internet have become popular to the public, a new simulation method, which involves a large number of people in the simulation process, has been enabled. In this paper, a macroeconomic data collection simulator on the internet, which can model a closed economic system by using such the simulation method, is proposed. The simulator provides a market system with its users; therefore, they can buy, produce and sell products. System administrators can coordinate the market by controlling four macroeconomic variables. With some extensions, the simulator can model an open economic system.
Keywords:Macroeconomics; Internet; Human Agent based Simulation (search for similar items in EconPapers) JEL-codes:C88 (search for similar items in EconPapers) New Economics Papers: this item is included in nep-cmp Date: 2001-03-31 Note: Type of Document - Acrobat PDF; prepared on IBM PC ; pages: 12 ; figures: included