Agent-based Macroeconomics: A baseline model

This repo is a replication of the baseline model described in:

Lengnick, Matthias. (2013). Agent-based macroeconomics: A baseline model. Journal of Economic Behavior & Organization. 86.10.1016/j.jebo.2012.12.021.

using the Project Mesa modelling framework, to replicate the results of the paper as closely as possible

Running an Interactive Sesion

• Clone the repo into a directory.
• Install the dependencies with pipenv install
• Run the server with pipenv run python run.py
• Adjust the sliders to choose the amount of 'exogenous money' to supply to each entity
• Click the 'reset' button to register the values
• Click 'Start' or 'Step' to advance the model
• Play about with the starting values and see if you can stop the economy inflating or deflating

Running the model in batch mode

The interactive session is relatively slow. To get thousands of cycles use the batch runner

• Clone the repo into a directory
• Install the dependencies with pipenv install
• Run the server with pipenv run python batch_run.py
• By default this will do a 7000 month run and save the statistics and graphs into the /tmp directory.
• Edit the batch_run.py file to change the model run parameters.

Running the model on Kubernetes

• Clone the repo into a directory
• Run make deploy
• Run kubectl get service/baseline to find the allocated external address
• Scale the number of replicates up or down with kubectl scale --replicas=<required replicas> deployment/baseline