Developing a Virtual Reality for the Simulation of Agent Based Economic Models

Author
Grimm, Thomas, and Mitlöhner, Johann

Year
1995

Publication information
Unpublished manuscript

Suggested citation
Grimm, Thomas, and Mitlöhner, Johann (1995). Developing a Virtual Reality for the Simulation of Agent Based Economic Models. Unpublished manuscript

Available online at:
http://www.mud.co.uk/dvw/developingavr.html

Agent-based simulation is a

Agent-based simulation is a research method often applied in economics. The authors describe a plan to modify a MUD system to act as a platform for such simulation. The MUD is amended so that it facilitates economic transactions between players, but instead of human players, the world is populated with artificial agents. Established algorithms are used to implement the behavior of these agents. Human players can be used as well, either as observers or as part of the simulation. Seems to be work in progress that was never finished.