Modeling of Complex Economic Systems with Agent Nets

We consider a methodology for modeling, simulation and design of complex economic systems which we call Agent Nets. It is specifically designed to represent complex systems composed from independent entities called agents which transform and exchange information and other resources taking independent and coordinated decisions on the basis of incomplete information about state of the whole system and actions of other agents. Specifying particular cases of agents we can describe as Agent Nets distributed systems, which include mobile software agents as well as many different economic systems. In this paper we present mathematical description of Agent Nets, describe an Agent Net simulator MODAGENT created for simulation of multiagent systems and present a case study dealing with agent modeling of industrial relations in information industry which have implications for electronic commerce.

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