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Impact of immigrants on a multi-agent economical system

We consider a multi-agent model of a simple economical system and study the impacts of a wave of immigrants on the stability of the system. Our model couples a labor market with a goods market. We first create a stable economy with N agents and study the impact of adding n new workers in the system....

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Detalles Bibliográficos
Autores principales: Kaufmann, Léa, Razakanirina, Ranaivo, Groen, Derek, Chopard, Bastien
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Public Library of Science 2018
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5967755/
https://www.ncbi.nlm.nih.gov/pubmed/29795633
http://dx.doi.org/10.1371/journal.pone.0197509
Descripción
Sumario:We consider a multi-agent model of a simple economical system and study the impacts of a wave of immigrants on the stability of the system. Our model couples a labor market with a goods market. We first create a stable economy with N agents and study the impact of adding n new workers in the system. The time to reach a new equilibrium market is found to obey a power law in n. The new wages and market prices are observed to decrease as 1/n, whereas the wealth of agents remains unchanged.