Building a Macroeconomic Data Collection Simulator on the Internet using the Human Agent Based Simulation Method

Kyoung whan Choe
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Kyoung whan Choe: KAIST

Computational Economics from University Library of Munich, Germany

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)
Pages: 12 pages
Date: 2001-03-31
New Economics Papers: this item is included in nep-cmp
Note: Type of Document - Acrobat PDF; prepared on IBM PC ; pages: 12 ; figures: included
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpco:0103001

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