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Title: Method of predicting a change in an economy

Patent ·
OSTI ID:908610

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.

Research Organization:
Sandia National Lab. (SNL-NM), Albuquerque, NM (United States)
Sponsoring Organization:
USDOE
DOE Contract Number:
AC04-94AL85000
Assignee:
Sandia Corporation (Albuquerque, NM)
Patent Number(s):
6,985,867
Application Number:
08/791,724
OSTI ID:
908610
Country of Publication:
United States
Language:
English

References (3)

Development of Aspen: A microanalytic simulation model of the US economy report February 1996
Aspen: A microsimulation model of the economy report October 1996
Towards a Not-Too-Rational Macroeconomics journal July 1993