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Other Agent Models
nealeoc edited this page Dec 7, 2012
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Comments by adrianwrigley: "One thing conspicuous by its absense is house prices, land! No hint of intergenerational modelling - aging population"
"Does it show an 18 year housing cycle? Does it show interest rates? Does it model taxes?"
"The simulation has no taxation, no land. But it does have money! It has endogenous money. Does it have inflation? Does it have market crashes?
There is a simulation of a credit bubble, and several shock types. but it never bursts! Starts 2030 and carries on until at least 2100!"
So, interesting as a project - public source code, agents as individuals. But based on mainstream assumptions and theory, hence fatally flawed!