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Who we are

 

 
 
 
   
Interactive simulation models are a gym tool for improving our imagination about how the economy works. They are often ambivalent, being both business games and economic formal models.
 
 

Contents


Software: Social security

A very simple software where you can verify the economic sustainability of a pension scheme in a population, depending on retirement age, wages, payroll taxes, age of labour market entry, births and deaths.

Highly customizeable in parametres.

Software

Software: The rich and the poor

An exploration of differences, by leveraging a new key concept (cumulative bundle) as explained in the related paper.

Software

Software: A testbed for stochastic routines

A method to validate ABM (agent-based models) and their routines through inter-personal experiments. Easy to customize in order to include your own routines.

Software

Software: Scraped price extraction

You can get real-time prices of goods across the world by massively search the internet, as we proposed in year 2000 in our book and Prof. Cavallo is doing in his impressive Billion Prices project and the related papers.

Free software

Software: A free collection of Java economic simulations [Italian language]

Link

Software: Insurance market competition

A simple yet powerful simulation of insurance market and the decisions take by people-at-risk (applicants) and underwriters (insurers). It lets you explore e.g. why so many people can remain uninsured and which are the connections between profitability and coverage.

Software

Software: Race to market

Useful for managers, researchers and students, this business game is a powerful tool for understanding product life cycles, consumers' attitudes, innovation management strategies, competitive intelligent tactics, by personally playing or by observing how artificial agents perform.

Essay and software automatic download [2400 KB]

 

Software: Market dynamics with firm-specific fixed and variable costs

In this easy evolutionary model you'll find a market with a large number of firms, each characterised by a different cost structure, and you'll be able to study the evolution of profits over time, according to changes in demand and endogenous technology progress.

A key statement will relate the way demand interacts with the kind of technological innovation approved by top management.

Software

Essay

Software: You are an exporter
 
This business game will improve your skills in exporting, choosing target countries, fixing prices and quantities, while surfing between business cycles and changes in the cost structure. You'll better understand how the exchange rate impacts on exports and imports.

Suitable for beginners and researchers.

Download it now

 

Software: Isoquants
 
A specialised software to draw isoquants according to the neoclassical theory of production. A critical view of the usefulness of this tool is proposed.

Software

 

Software: The Sugarscape model
 
A classical agent-based simulation of artificial societies with hunger, survival, reproduction dynamics.

Download page

It will automatically install the Java engine if your computer does have it now.

 

Software and Essay: Consumer theory
 
This free software interactively explains you the basic microeconomic consumer theory, while the essay shall briefly introduce you to neoclassical tenets, suggesting some easy experiment with the computer application.

Budget line, indifference curves, demand curves, Engel's curves, indirect utility functions, income and substitution effects will be no mysteries any more.

Essay and software

 

Software: The production function of students' grades
 
An example of production function and marginal productivity, to draw easy diagrams.

Excel

 

Essay and Software : You are a monopolist
 
The traditional monopolist's choice about price and quantity is now given a new dynamic setting where you can interact. Demand is unknown and the produced good is durable across periods of time. Thus, sales needn't be equal to production as inventories can pile up and go down. A lot of strategic consequences arise, as you can discover playing with the business game.

Software [1900 KB]

Essay

 

Software: The standard monopoly theory
 
A full-fledged presentation of a monopolist in the neoclassical microeconomics perspective. Particularly well suited for students, this program is part of a collection of software by Prof. Masaru Uzawa.

Software [320 KB]

 

Software: The IS-LM model
 
A Cartesian-space IS-LM model illustrating step-by-step how the macroeconomics curves arises from points. It reproduces what usually students learn in universities throughout the world, offering the possibility of changing the model parameters. It is a second example of Prof. Masaru Uzawa's collection of software.

Software [340 KB]

For a graphical non linear interactive map of IS-LM-AS-AD see here

 

Book: An Artificial Market Model of a Foreign Exchange Market - by Kiyoshi Izumi

An agent-based simulation is described in this book.

 

Software: Costs
 
To understand costs in different microeconomic production conditions, this software offers you a graphical representation of a wide variety of combination of fixed-costs and variable costs (economies of scale, dis-economies of scale...) activated by just a one-button click.

Software [2050 KB]

 

Software: Curve Expert (Econometrics)
 
A very user-friendly free software for fitting data with a huge number of curves (also user-defined), not only straigt lines. Just click on one button and the program will execute all the estimations and will rank the results, showing which match the data the best.

Software

Homepage

 

Software: NLREG (Econometrics)
 
30-days version of a package for non-linear regressions.

Software Manual

Homepage

 

Software: Easyreg
 
Leading edge user-friendly econometric software.

Software

Homepage

 

Software: Cointegration test and ARMA model tool
 
These free econometrics packages are part of a wider excellent free collection.

ADF unit root Explanations

ARMA Explanations

Author's homepage

 

 

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