Simulations in Advanced Microeconomics

Leigh Tesfatsion, Iowa State University, David MacFadzean

Instructions, software and articles relating to the Trade Network Game (TNG), an application of agent-based computational experimentation that shows how trading can arise in a community of buyers, sellers and intermediary dealers. Linked articles use the same technique to model labour-market adaptation based on individuals' search behaviour, and partner selection behaviour in other contexts.

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