Businesscyclesv9
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breed [fundamentals fundamental] breed [trendfollowers trendfollower] fundamentals-own [ stock ] trendfollowers-own [ stock ] turtles-own [ pricepaid ] globals [ pricet pricet-1 fundamentalvalue trendedvalue purchase? pricetx novolume? ] to setup __clear-all-and-reset-ticks set-default-shape fundamentals "house" set-default-shape trendfollowers "person" create-ordered-fundamentals Numberoffundamentals [setxy random-ycor random-xcor] create-ordered-trendfollowers Numberoftrendfollowers [setxy random-ycor random-xcor] set pricet random 50 + 10 set pricet-1 random 50 + 10 set trendedvalue random 50 + 10 set fundamentalvalue 40 ask fundamentals [set stock noStocksperTrader] ask trendfollowers [set stock noStocksperTrader ] set novolume? 0 end to go set fundamentalvalue fundamentalvalue + IncreaseFundamentalvalue set pricet-1 pricet set pricet mean [pricepaid] of trendfollowers ask-concurrent trendfollowers [buyorsell] tick end to buyorsell without-interruption [ set purchase? 0 ifelse novolume? >= 1 and mean [stock] of trendfollowers != 0 [set trendedvalue trendedvalue - (1 / count trendfollowers) * novolume?][set trendedvalue (2 * pricet - pricet-1)] if any? fundamentals with [stock > 0] and trendedvalue > pricet [set purchase? 1] if any? trendfollowers with [stock > 0] and stock > 0 and pricet < fundamentalvalue [set purchase? -1] if purchase? = 1 [ ask one-of fundamentals with [stock > 0 ] [set stock stock - 1]] if purchase? = -1 [ ask one-of fundamentals [set stock stock + 1]] if purchase? = 0 [set novolume? novolume? + 1] if purchase? = 1 [set stock stock + 1 set novolume? 0] if purchase? = -1 [set stock stock - 1 set novolume? 0] if purchase? = 1 [set pricepaid 0.5 * (fundamentalvalue + trendedvalue)] if purchase? = -1 [set pricepaid 0.5 * (fundamentalvalue + trendedvalue)] if purchase? = 0 [ if mean [stock] of trendfollowers = 0 [set pricepaid fundamentalvalue] if mean [stock] of fundamentals = 0 [set pricepaid trendedvalue] if mean [stock] of trendfollowers != 0 and mean [stock] of fundamentals != 0 [set pricepaid 0.5 * (fundamentalvalue + trendedvalue)] ] ] end
There is only one version of this model, created over 10 years ago by Jean van Haperen.
Attached files
File | Type | Description | Last updated | |
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Businesscyclesv9.png | preview | Preview for 'Businesscyclesv9' | over 10 years ago, by Jean van Haperen | Download |
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