Application of Ontology-based Tools for Design of Multi-Agent Simulation Environments in Economics

E. Babkin, H. Abdulrab, and O. Kozyrev


Agent-based simulation, Ontology, Object-oriented Models


The article advocates application of domain-specific ontologies for resolution of difficulties in design and integration of multi-agent simulation systems in microeconomics. In this context integration mostly means run-time combination of heterogeneous components for large-scale simulation experiments, but also it is related with ability to re-use the same model in different modeling frameworks. Illustrating major principles of the proposed approach, authors describe a variant of microeconomics ontology, and major features of the modeling tool, facilitating ontology-based design and code generation for a distributed agent-based modeling environment. Obtained results speed up development of economic simulations and form a foundation of further research in model’s composability.

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