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trade_vs_energy_model

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Trade vs. Energy Model

As an experiment and for a video, I devised a computer simulation of free trading of wealth and energy using NetLogo's free Agent-Based Modelling (ABM) software. You can view an interactive model or download the NetLogo source code. A copy of this model also exists in the NetLogo media commons.

Summary

The goal was to create as fair a simulation as possible of a free market trading economy using a few simple parameters. These are:

  • Each agent would start with the same amount of wealth and energy
  • Each agent would have a randomly applied 'skill' attribute (of varying value, constrained to a maximum of double the lowest)
  • Each agent would trade with a fixed number of randomly allocated 'customer' agents
  • A trade would consist of selling a 'copy' of their skill, divided out and paid for equally among their customers
  • Every trade would expend 1 unit of an agent's energy (regardless of value)
trade_vs_energy_model.1616023664.txt.gz · Last modified: 2021/08/04 06:11 (external edit)