Baldauf, Thomas (2023) sfctools - A toolbox for stock-flow consistent, agent-based models. Journal of Open Source Software, 8 (87), Seite 4980. Journal of Open Source Software. doi: 10.21105/joss.04980. ISSN 2475-9066.
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Offizielle URL: https://joss.theoj.org/papers/10.21105/joss.04980#
Kurzfassung
One of the most challenging tasks in macroeconomic models is to describe the macro-level effects from the behavior of meso- or micro-level actors. Whereas in 1759, Adam Smith was still making use of the concept of an 'invisible hand' ensuring market stability and economic welfare (Rothschild, 1994), a more and more popular approach is to make the 'invisible' visible and to accurately model each actor individually by defining its behavioral rules and myopic knowledge domain (Castelfranchi, 2014; Cincotti et al., 2022). In agent-based computational economics (ACE), economic actors correspond to dynamically interacting entities, implemented as agents in a computer software (Axtell & Farmer, 2022; Klein et al., 2018; Tesfatsion, 2002). Such agent-based modeling (ABM) is a powerful approach utilized in economic simulations to generate complex dynamics, endogenous business cycles and market disequilibria. For many research topics, it is useful to combine agent-based modeling with the stock-flow consistent (SFC) paradigm (Caiani et al., 2016; Caverzasi & Godin, 2015; Nikiforos & Zezza, 2018). This architecture ensures there are no 'black holes', i.e. inconsistent sources or sinks, in an economic model. SFC-ABM models, however, are often intransparent and rely on very peculiar, custom-built data structures, thus hampering accessibility (Bandini et al., 2009; Hansen et al., 2019). A tedious task is to generate, maintain and distribute code for ABM, as well as to check for the inner consistency and logic of such models.
elib-URL des Eintrags: | https://elib.dlr.de/195980/ | ||||||||
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Dokumentart: | Zeitschriftenbeitrag | ||||||||
Titel: | sfctools - A toolbox for stock-flow consistent, agent-based models. | ||||||||
Autoren: |
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Datum: | 12 Juli 2023 | ||||||||
Erschienen in: | Journal of Open Source Software | ||||||||
Referierte Publikation: | Ja | ||||||||
Open Access: | Ja | ||||||||
Gold Open Access: | Ja | ||||||||
In SCOPUS: | Nein | ||||||||
In ISI Web of Science: | Nein | ||||||||
Band: | 8 | ||||||||
DOI: | 10.21105/joss.04980 | ||||||||
Seitenbereich: | Seite 4980 | ||||||||
Verlag: | Journal of Open Source Software | ||||||||
ISSN: | 2475-9066 | ||||||||
Status: | veröffentlicht | ||||||||
Stichwörter: | Agent-Based Modeling, Stock-Flow Consistent Modeling, User Interface, Economics | ||||||||
HGF - Forschungsbereich: | Energie | ||||||||
HGF - Programm: | Energiesystemdesign | ||||||||
HGF - Programmthema: | Digitalisierung und Systemtechnologie | ||||||||
DLR - Schwerpunkt: | Energie | ||||||||
DLR - Forschungsgebiet: | E SY - Energiesystemtechnologie und -analyse | ||||||||
DLR - Teilgebiet (Projekt, Vorhaben): | E - Energiesystemtechnologie | ||||||||
Standort: | Stuttgart | ||||||||
Institute & Einrichtungen: | Institut für Vernetzte Energiesysteme > Energiesystemanalyse, ST | ||||||||
Hinterlegt von: | Baldauf, Thomas | ||||||||
Hinterlegt am: | 13 Jul 2023 09:01 | ||||||||
Letzte Änderung: | 12 Dez 2023 11:25 |
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