IEICE Technical Committee Submission System
Conference Paper's Information
Online Proceedings
[Sign in]
Tech. Rep. Archives
 Go Top Page Go Previous   [Japanese] / [English] 

Paper Abstract and Keywords
Presentation 2020-01-31 16:00
Study of Multi-Agent Economic Simulation Model Based on Microeconomics
Tomoki Nakamura, Akihiro Murakami, Nao Ito (NITT) CAS2019-94 ICTSSL2019-63
Abstract (in Japanese) (See Japanese page) 
(in English) The purpose of this study is to evaluate the effect of neutral currency as a local currency on the economy using multi-agent simulation. As a preliminary step, an economic simulation model of legal currency without neutral currency was prepared. The model consists of consumers, producers and banks. The consumers determine the demand function based on the utility maximization problem under the budget constraints. The producers determine the supply function based on the profit maximization problem. The bank determines the interest rate on the next step legal currency based on the revenue maximization problem. The market equilibrium price is obtained from the demand function and the supply function. In addition, consumers have a trend prediction function to predict and act on the current price based on the price and trend so far. Using this economic model, we investigated changes in interest rates and prices. The simulation results show that interest rates and prices fluctuate rapidly with time. It seems to be able to reproduce the complicated movement of actual economy. However, the motion is too extreme, and further modification of the model is necessary.
Keyword (in Japanese) (See Japanese page) 
(in English) Local currency / Legal currency / Neutral money / Multi-agent simulation / / / /  
Reference Info. IEICE Tech. Rep., vol. 119, no. 400, CAS2019-94, pp. 153-156, Jan. 2020.
Paper # CAS2019-94 
Date of Issue 2020-01-23 (CAS, ICTSSL) 
ISSN Print edition: ISSN 0913-5685    Online edition: ISSN 2432-6380
Copyright
and
reproduction
All rights are reserved and no part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, or any information storage and retrieval system, without permission in writing from the publisher. Notwithstanding, instructors are permitted to photocopy isolated articles for noncommercial classroom use without fee. (License No.: 10GA0019/12GB0052/13GB0056/17GB0034/18GB0034)
Download PDF CAS2019-94 ICTSSL2019-63

Conference Information
Committee ICTSSL CAS  
Conference Date 2020-01-30 - 2020-01-31 
Place (in Japanese) (See Japanese page) 
Place (in English)  
Topics (in Japanese) (See Japanese page) 
Topics (in English)  
Paper Information
Registration To CAS 
Conference Code 2020-01-ICTSSL-CAS 
Language Japanese 
Title (in Japanese) (See Japanese page) 
Sub Title (in Japanese) (See Japanese page) 
Title (in English) Study of Multi-Agent Economic Simulation Model Based on Microeconomics 
Sub Title (in English)  
Keyword(1) Local currency  
Keyword(2) Legal currency  
Keyword(3) Neutral money  
Keyword(4) Multi-agent simulation  
Keyword(5)  
Keyword(6)  
Keyword(7)  
Keyword(8)  
1st Author's Name Tomoki Nakamura  
1st Author's Affiliation National Institute of Technology, Toyama college (NITT)
2nd Author's Name Akihiro Murakami  
2nd Author's Affiliation National Institute of Technology, Toyama college (NITT)
3rd Author's Name Nao Ito  
3rd Author's Affiliation National Institute of Technology, Toyama college (NITT)
4th Author's Name  
4th Author's Affiliation ()
5th Author's Name  
5th Author's Affiliation ()
6th Author's Name  
6th Author's Affiliation ()
7th Author's Name  
7th Author's Affiliation ()
8th Author's Name  
8th Author's Affiliation ()
9th Author's Name  
9th Author's Affiliation ()
10th Author's Name  
10th Author's Affiliation ()
11th Author's Name  
11th Author's Affiliation ()
12th Author's Name  
12th Author's Affiliation ()
13th Author's Name  
13th Author's Affiliation ()
14th Author's Name  
14th Author's Affiliation ()
15th Author's Name  
15th Author's Affiliation ()
16th Author's Name  
16th Author's Affiliation ()
17th Author's Name  
17th Author's Affiliation ()
18th Author's Name  
18th Author's Affiliation ()
19th Author's Name  
19th Author's Affiliation ()
20th Author's Name  
20th Author's Affiliation ()
Speaker Author-1 
Date Time 2020-01-31 16:00:00 
Presentation Time 20 minutes 
Registration for CAS 
Paper # CAS2019-94, ICTSSL2019-63 
Volume (vol) vol.119 
Number (no) no.400(CAS), no.401(ICTSSL) 
Page pp.153-156 
#Pages
Date of Issue 2020-01-23 (CAS, ICTSSL) 


[Return to Top Page]

[Return to IEICE Web Page]


The Institute of Electronics, Information and Communication Engineers (IEICE), Japan