Title :
An agent-based simulation laboratory for economics and infrastructure interdependency
Author :
Schoenwald, David A. ; Barton, Dianne C. ; Ehlen, Mark A.
Author_Institution :
Comput. Comput. Inf. & Math. Center, Sandia Nat. Labs., Albuquerque, NM, USA
fDate :
June 30 2004-July 2 2004
Abstract :
Researchers at Sandia National Laboratories have developed a next-generation agent-based economic \´laboratory\´ (N-ABLE) for analyzing the economic factors, feedbacks, and downstream effects of infrastructure interdependencies. N-ABLE is a simulation environment in which hundreds of thousands of individual economic actors simulate real-world manufacturing firms, government agencies, and households. N-ABLE can be demonstrated on a laptop supported by both an input and output graphical user interface that allow users to change parameters and simulate a multitude of "shocks" to the economy including electric power outages and shipping port closures. The tool has been used by several universities and three national laboratories for studies involving the economic impact of infrastructure and supply chain disruptions.
Keywords :
discrete event simulation; economics; software agents; Sandia National Laboratories; agent based simulation laboratory; downstream effect; economic actors; economic factors; economic impact; electric power outages; feedback effect; government agencies; graphical user interface; households; infrastructure interdependency; laptop demonstration; manufacturing firms; next generation agent based economic laboratory; shipping port closures; shock simulation; supply chain disruptions; university studies;
Conference_Titel :
American Control Conference, 2004. Proceedings of the 2004
Conference_Location :
Boston, MA, USA
Print_ISBN :
0-7803-8335-4