Geconomicus

Geconomicus

Geconomicus is an open-source agent-based modeling platform for simulating complex economic systems. It allows users to model heterogeneous agents and interactions to analyze emergent macroeconomic dynamics.
Geconomicus screenshot

Geconomicus: Open-Source Agent-Based Modeling Platform

Geconomicus is an open-source agent-based modeling platform for simulating complex economic systems. It allows users to model heterogeneous agents and interactions to analyze emergent macroeconomic dynamics.

What is Geconomicus?

Geconomicus is an open-source, flexible agent-based modeling platform designed for simulating complex economic systems. It enables researchers and analysts to build models with heterogeneous agents such as households, firms, banks, and policy makers along with their interactions and behaviors.

Some key features of Geconomicus include:

  • Graphical user interface for model design and configuration
  • Libraries of reusable agent archetypes and behavior models
  • Advanced output analysis tools and customizable visualizations
  • APIs for integrating external data sources and models
  • Options for sensitivity analysis, calibration, and validation

With its agent-based approach, Geconomicus can capture emergent macroeconomic dynamics arising from micro-level interactions that are difficult to model with traditional equation-based methods. It allows analysts to understand macro outcomes like growth, cycles, crises, inequality based on underlying individual behaviors and choices.

The platform enables rapid prototyping and is suitable for theoretical explorations, policy evaluations as well as practical forecasting applications across domains like financial stability, green economy, land use, and others.

Geconomicus Features

Features

  1. Agent-based modeling
  2. Heterogeneous agents
  3. Interactions between agents
  4. Emergent macroeconomic dynamics
  5. Customizable simulations
  6. Analysis tools

Pricing

  • Open Source

Pros

Open source and free

Flexible and customizable

Can model complex systems

Good for research and education

Cons

Steep learning curve

Limited documentation

Not suitable for non-technical users

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