A Study of Severe Disruption in an Artificial Economy

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2020

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We analyze an artificial economy model designed to handle severe non-equilibrium situations. This agent-based model is intended to allow innovation in the form of new technologies, producers and consumers entering (and leaving) the system. Here we examine a disruption of consumption patterns akin to the economic crisis brought about in the real economy through the corona virus and the following Covid-19 pandemic.

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Gustavo Recio, Wolfgang Banzhaf, Roger White; July 13–18, 2020. "A Study of Severe Disruption in an Artificial Economy." Proceedings of the ALIFE 2020: The 2020 Conference on Artificial Life. ALIFE 2020: The 2020 Conference on Artificial Life. Online. (pp. pp. 180-187). ASME. https://doi.org/10.1162/isal_a_00336
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