Agent ID Model

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Agent ID Model

A Multidisciplinary Framework of Evolutionary Human Behavior

Psychology Economic theory and philosophy Microeconomics Behavioural economics Welfare economics

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Collection: Integrated Science

Language: English

Published by: Springer

Published on: 19th December 2024

Format: LCP-protected ePub

ISBN: 9783031759963


Overview

This book presents a comprehensive model that simulates human behavior in society, meticulously selecting and analyzing fundamental determinants such as skills and productivity, connectivity and network formation, psychological biases, moral behavior, consumption preferences, institutional arrangements, and political choices. Each agent in the model is characterized by a unique profile, and the aggregate outcomes emerge from the interactions of these diverse agents. The model is codified and simulated, and its results are compared with empirical evidence.

Significance

This work offers an elegant and stylized approach to understanding complex outcomes resulting from simple interaction rules, making a significant contribution to the literature on complexity and agent-based computational economics. The model developed here serves as a transdisciplinary framework, providing an integrated and holistic perspective on human behavior.

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