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Employment, Production and Consumption model: Patterns of phase transitions
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SYSNO ASEP 0341487 Druh ASEP J - Článek v odborném periodiku Zařazení RIV J - Článek v odborném periodiku Poddruh J Článek ve WOS Název Employment, Production and Consumption model: Patterns of phase transitions Tvůrce(i) Lavička, H. (CZ)
Lin, L. (DE)
Novotný, Jan (UJF-V)Zdroj.dok. Physica. A : Statistical Mechanics and its Applications. - : Elsevier - ISSN 0378-4371
Roč. 389, č. 8 (2010), s. 1708-1720Poč.str. 13 s. Jazyk dok. eng - angličtina Země vyd. NL - Nizozemsko Klíč. slova EPC ; Agent based model ; Phase transition Vědní obor RIV BG - Jaderná, atomová a mol. fyzika, urychlovače CEZ AV0Z10480505 - UJF-V (2005-2011) UT WOS 000274954200022 DOI 10.1016/j.physa.2009.12.046 Anotace We have simulated the model of Employment, Production and Consumption (EPC) using Monte Carlo The EPC model is an agent based model that mimics very basic rules of industrial economy From the perspective of physics, the nature of the interactions in the EPC model represents multi-agent interactions where the relations among agents follow the key laws for circulation of capital and money Monte Carlo simulations of the stochastic model reveal phase transition in the model economy. The two phases are the phase with full unemployment and the phase with nearly full employment The economy switches between these two states suddenly as a reaction to a slight variation in the exogenous parameter, thus the system exhibits strong non-linear behavior as a response to the change of the exogenous parameters Pracoviště Ústav jaderné fyziky Kontakt Markéta Sommerová, sommerova@ujf.cas.cz, Tel.: 266 173 228 Rok sběru 2011
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