Marco Mazzoli, Matteo Morini, and Pietro Terna

The model and its construction are reported in Oligopoly.pdf.

A concise presentation of the simulation mechanism is reported in the following image:

We have also the slides of the presentation of the Oligopoly model at WEHIA 2017.

A recent paper (Business Cycle in a Macromodel with Oligopoly and Agents’ Heterogeneity: An Agent-Based Approach, 2017) of M.Mazzoli, M.Morini, and P.Terna, discusses the model and its results (if you experience problems in reading, please use Firefox). [Look at Erratum below].

The Oligopoly model uses SLAPP as its agent-based modeling shell.

Erratum for the paper above: in Table 1, the Expected employment ratio at t=1 is 0.9 and not 0.8.