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dc.contributor.authorFarhat, Dan
dc.date.available2013-01-15T22:14:09Z
dc.date.copyright2013-01
dc.identifier.citationFarhat, D. (2013). The Economics of Vampires: An Agent-based Perspective (Economics Discussion Papers Series No. 1301). Retrieved from http://hdl.handle.net/10523/3662en
dc.identifier.urihttp://hdl.handle.net/10523/3662
dc.description.abstractVampires are a prominent feature of modern culture. Past research identifies the ecological and economic relationship between vampires and living humans under the assumption that ‘representative agents’ are capable of characterising entire communities. Whether populations of individuals can coordinate themselves sufficiently or not to achieve the same outcomes as the representative agent is not addressed. The purpose of this study is to create a human-vampire ecosystem using artificial social simulation. An agent-based computational model is constructed in which heterogeneous vampire and human individuals engage in one-on-one interaction within a virtual landscape. These interactions result in the emergence of aggregate-level phenomena. Simulating alternative virtual economies under different model calibrations shows under what conditions these emergent phenomena are similar to those produced by the representative agents in previous studies. This article contends that growing human-vampire economies can shed light on an array of social and economic issues even if vampires never existed at all.en_NZ
dc.format.mimetypeapplication/pdf
dc.relation.ispartofseriesEconomics Discussion Papers Seriesen_NZ
dc.rightsAttribution-NonCommercial-ShareAlike 3.0 New Zealand*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-sa/3.0/nz/*
dc.subjecteconomics of vampires, agent-based modelling, artificial social simulationen_NZ
dc.titleThe Economics of Vampires: An Agent-based Perspectiveen_NZ
dc.typeDiscussion Paperen_NZ
dc.date.updated2013-01-15T21:30:18Z
otago.schoolOtago Business School / Department of Economicsen_NZ
otago.openaccessOpen
otago.relation.number1301en_NZ
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Attribution-NonCommercial-ShareAlike 3.0 New Zealand
Except where otherwise noted, this item's licence is described as Attribution-NonCommercial-ShareAlike 3.0 New Zealand