Agent-based Computational Economics: Exploring the Evolution of Trade Networks

As the field of economics seeks to further its understanding of the links between
the micro and macro sides of the area, economists are becoming increasingly
appreciative of agent-based models. Cross-silos approaches to problems are pro-
viding for a new way of thinking about how to explain complex phenomenon in
science. Agent-based modelling provides a novel and effective way of explaining
how such complex systems arrive at macro phenomenon through attempting to
grow said societies. The project that I am undertaking is an extension of the
work completed by Allen Wilhite which is documented in his paper “Bilateral
Trade and Small-world Networks.”