Title

A computational laboratory for evolutionary trade networks

Campus Units

Economics, Mathematics

Document Type

Article

Publication Version

Submitted Manuscript

Publication Date

2002

Journal or Book Title

IEEE Transactions on Evolutionary Computation

Volume

5

Issue

5

First Page or Article ID Number

546

Last Page

560

DOI

10.1109/4235.956717

Abstract

Abstract: This study presents, motivates, and illustrates the use of a computational laboratory (CL) for the investigation of evolutionary trade network formation among strategically interacting buyers, sellers, and dealers. The CL, referred to as the Trade Network Game Laboratory (TNG Lab), is targeted for the Microsoft Windows desktop. The TNG Lab is both modular and extensible and has a clear easily operated graphical user interface. It permits visualization of the formation and evolution of trade networks by means of real-time animations. Data tables and charts reporting descriptive performance statistics are also provided in real time. The capabilities of the TNG Lab are demonstrated by means of labor-market experiments.

Comments

This is a working paper from IEEE Transactions on Evolutionary Computation 2 (2002): 546, doi: 10.1109/4235.956717