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:
Research Article
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
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author Kaufmann, Léa
Razakanirina, Ranaivo
Groen, Derek
Chopard, Bastien
author_facet Kaufmann, Léa
Razakanirina, Ranaivo
Groen, Derek
Chopard, Bastien
author_sort Kaufmann, Léa
collection PubMed
description 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.
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spelling pubmed-59677552018-06-08 Impact of immigrants on a multi-agent economical system Kaufmann, Léa Razakanirina, Ranaivo Groen, Derek Chopard, Bastien PLoS One Research Article 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. Public Library of Science 2018-05-24 /pmc/articles/PMC5967755/ /pubmed/29795633 http://dx.doi.org/10.1371/journal.pone.0197509 Text en © 2018 Kaufmann et al http://creativecommons.org/licenses/by/4.0/ This is an open access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) , which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
spellingShingle Research Article
Kaufmann, Léa
Razakanirina, Ranaivo
Groen, Derek
Chopard, Bastien
Impact of immigrants on a multi-agent economical system
title Impact of immigrants on a multi-agent economical system
title_full Impact of immigrants on a multi-agent economical system
title_fullStr Impact of immigrants on a multi-agent economical system
title_full_unstemmed Impact of immigrants on a multi-agent economical system
title_short Impact of immigrants on a multi-agent economical system
title_sort impact of immigrants on a multi-agent economical system
topic Research Article
url 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
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