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Title: Method of predicting a change in an economy

Abstract

An economy whose activity is to be predicted comprises a plurality of decision makers. Decision makers include, for example, households, government, industry, and banks. The decision makers are represented by agents, where an agent can represent one or more decision makers. Each agent has decision rules that determine the agent's actions. Each agent can affect the economy by affecting variable conditions characteristic of the economy or the internal state of other agents. Agents can communicate actions through messages. On a multiprocessor computer, the agents can be assigned to processing elements.

Inventors:
 [1];  [2]
  1. Albuquerque, NM
  2. Albany, NY
Issue Date:
Research Org.:
Sandia National Lab. (SNL-NM), Albuquerque, NM (United States)
Sponsoring Org.:
USDOE
OSTI Identifier:
908610
Patent Number(s):
6985867
Application Number:
08/791,724
Assignee:
Sandia Corporation (Albuquerque, NM)
Patent Classifications (CPCs):
G - PHYSICS G06 - COMPUTING G06Q - DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES
DOE Contract Number:  
AC04-94AL85000
Resource Type:
Patent
Country of Publication:
United States
Language:
English
Subject:
99 GENERAL AND MISCELLANEOUS

Citation Formats

Pryor, Richard J, and Basu, Nipa. Method of predicting a change in an economy. United States: N. p., 2006. Web.
Pryor, Richard J, & Basu, Nipa. Method of predicting a change in an economy. United States.
Pryor, Richard J, and Basu, Nipa. Tue . "Method of predicting a change in an economy". United States. https://www.osti.gov/servlets/purl/908610.
@article{osti_908610,
title = {Method of predicting a change in an economy},
author = {Pryor, Richard J and Basu, Nipa},
abstractNote = {An economy whose activity is to be predicted comprises a plurality of decision makers. Decision makers include, for example, households, government, industry, and banks. The decision makers are represented by agents, where an agent can represent one or more decision makers. Each agent has decision rules that determine the agent's actions. Each agent can affect the economy by affecting variable conditions characteristic of the economy or the internal state of other agents. Agents can communicate actions through messages. On a multiprocessor computer, the agents can be assigned to processing elements.},
doi = {},
journal = {},
number = ,
volume = ,
place = {United States},
year = {2006},
month = {1}
}

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Works referenced in this record:

Towards a Not-Too-Rational Macroeconomics
journal, July 1993