A Computational Laboratory for Evolutionary Trade Networks

Printer-friendly version
Working paper
David McFadzean , Deron Stewart and Leigh Tesfatsion
This study presents, motivates, and illustrates the use of a computational laboratory for the investigation of evolutionary trade network formation among strategically interacting buyers, sellers, and dealers. The computational laboratory, referred to as the Trade Network Game Labo- ratory (TNG Lab), is targetted for the Microsoft Windows desktop. The TNG Lab is both modular and extensible and has a clear, easily operated graphical-user interface. It per- mits visualization of the formation and evolution of trade networks by means of real-time animations. Data tables and charts reporting descriptive performance statistics are also provided in real time. The capabilities of the TNG Lab are demonstrated by means of labor market experiments.
Developed by Paolo Gittoi