Friday, October 22, 2010

I want an economics simulation game

Like this:

A simulation game based upon standard and custom models of the household and firm, seriously, like a Sim City for economics play. It would actually be quite fun, fit the model with parameters, then try raising taxes and building schools at the aggregate level. But the simulation itself is micro, each agent running through its process. Add macro shocks, and see how the evolving agents adapt.

Statistically, we can do with an N of 1 to 20 thousand, get smoothness up to the accuracy of the models. Who has this game?

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