An Agent-Supported Simulation of Labour and Financial Markets for Migration Processes

Nancy Ruiz (), Vicente Botti (), Adriana Giret (), Vicente Julian (), Oscar Alvarado (), Victor Perez () and Rosa M. Rodriguez ()
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Nancy Ruiz: Universidad Politecnica de Valencia
Vicente Botti: Universidad Politecnica de Valencia
Adriana Giret: Universidad Politecnica de Valencia
Vicente Julian: Universidad Politecnica de Valencia
Oscar Alvarado: Universidad Politecnica de Valencia
Victor Perez: Cañada Real de las Merinas
Rosa M. Rodriguez: Cañada Real de las Merinas

A chapter in Progress in Artificial Economics, 2010, pp 241-252 from Springer

Abstract: Abstract The Migration Process is a phenomenon that includes a variety of actors, societies and political issues at different levels. In the migration problem it is then possible to observe complex interactions among different entities: there are links among economics, politics, social, commercial, labour, health, culture, and safety areas. Migration movements may also influence and be influenced by the effects of policies and norms of both sending and receiving countries. One of the key factors that influence the Migration Process behavior is the Labour Market, which is simultaneously affected by Financial Markets. These interactions have been traditionally represented by mathematical approaches that do not allow including flexibility, autonomy, adaptive and pro-activity features that are present into the dynamic and complex real life migration scenarios. On the other hand, the Multiagent System (MAS) paradigm has been successfully applied in studies related to mass movement in complex environments. In this paper a MAS simulation approach is proposed to simulate the migration process and to model micro-level interaction protocols that link Labour and Financial Markets to Migration Processes (MP-LM&FM) in order to observe dynamic behaviours that may emerge at macro level.

Keywords: Financial Market; Multiagent System; Migration Process; Migration Route; Computable General Equilibrium (search for similar items in EconPapers)
Date: 2010
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DOI: 10.1007/978-3-642-13947-5_20

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