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Exploring theoretical models with an agent-based approach in two sided markets
Södertörn University, School of Social Sciences, Economics.
2017 (English)Independent thesis Advanced level (degree of Master (Two Years)), 20 credits / 30 HE creditsStudent thesis
Abstract [en]

With increasing computational power and more elaborate software comes greater opportunities to complement traditional research methods with alternative methods. In this paper we argue for why the area of two-sided markets could benefit from this alternative approach and attempt to implement a theoretical model in an agent-based framework. By first replicating the theoretical findings in this framework we expand the model in increments in different directions through introducing different set of heterogeneity and behavioral limitations on our actors to see how the theoretical model develops. Only changing the model in increments found the analytical outcome to be robust for many of our changes, in this regard we have not managed to successfully take advantage of the full potential of the agent-based framework.

Place, publisher, year, edition, pages
2017. , 56 p.
Keyword [en]
NetLogo, Agent-based modeling, two-sided markets, network effects
National Category
Economics
Identifiers
URN: urn:nbn:se:sh:diva-32737OAI: oai:DiVA.org:sh-32737DiVA: diva2:1107214
Subject / course
Economics
Uppsok
Social and Behavioural Science, Law
Supervisors
Available from: 2017-06-09 Created: 2017-06-09 Last updated: 2017-06-14Bibliographically approved

Open Access in DiVA

fulltext(1800 kB)25 downloads
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Type fulltextMimetype application/pdf

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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf