David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
AI and Society 27 (4):535-541 (2012)
This paper discusses the possibility of wealth adjustment through a credit network. The discussed credit network in this paper is a kind of loaning with no interest rate (its value is zero). It explains the influence of existence or inexistence of a cooperation originated from the credit network on wealth distribution and adjustment in an artificial society. To show how the wealth may distribute, environment agents in terms of their obtained wealth have been classified into ten wealth categories; thus, the share of each category in terms of population has been determined. In addition, the survival of population in the environment has been studied. Findings and results show more balanced distribution of agents among the categories of wealth and higher survival of the population in the existence of the credit network. More over, the curve of population has fewer fluctuations. In other words, the population is more stable due to the ability of credit network in making more survival and stability in the population of environment in periods of time by providing the possibility of cooperation and wealth better distribution
|Keywords||Artificial society Sugarscape model Credit network Wealth distribution Wealth adjustment|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library|
References found in this work BETA
Arash Rahman (forthcoming). Application of Artificial Societies in Analysis of Social Dynamic Phenomena and Complex Processes. Social Research.
Arash Rahman, Saeed Setayeshi & Mojtaba Shamsaei Zafarghandi (2009). Wealth Adjustment Using a Synergy Between Communication, Cooperation, and One-Fifth of Wealth Variables in an Artificial Society. AI and Society 24 (2):151-164.
Citations of this work BETA
No citations found.
Similar books and articles
Victor M. Yakovenko & J. Barkley Rosser, Colloquium: Statistical Mechanics of Money, Wealth, and Income.
Richard Arneson (2002). Why Justice Requires Transfers to Offset Income and Wealth Inequalities. Social Philosophy and Policy 19 (1):172-200.
John Kohls & Sandra L. Christensen (2002). The Business Responsibility for Wealth Distribution in a Globalized Political-Economy: Merging Moral Economics and Catholic Social Teaching. [REVIEW] Journal of Business Ethics 35 (3):223 - 234.
Georges Enderle (2009). A Rich Concept of Wealth Creation Beyond Profit Maximization and Adding Value. Journal of Business Ethics 84 (3):281 - 295.
J. J. Graafland (2010). Calvin's Restrictions on Interest: Guidelines for the Credit Crisis. [REVIEW] Journal of Business Ethics 96 (2):233 - 248.
Skip Worden (2009). Aristotle's Natural Wealth: The Role of Limitation in Thwarting Misordered Concupiscence. [REVIEW] Journal of Business Ethics 84 (2):209 - 219.
Xiaohe Lu (2012). Making Social Capital Produce for Society: On the US Financial Crisis and Capital Credit. [REVIEW] Asian Journal of Business Ethics 1 (1):15-34.
Riggs Wayne (2009). Two Problems of Easy Credit. Synthese 169:201 - 216.
H. P. P. Lotter (2003). The Significance of Poverty and Wealth in Plato’s Republic. South African Journal of Philosophy 22 (3):189-206.
Peter Vallentyne & Hillel Steiner (2000). Le Règne Social du Christianisme. In Peter Vallentyne & Hillel Steiner (eds.), The Origins of Left Libertarianism: An Anthology of Historical Writings. Palgrave Publishing Ltd..
Wayne Riggs (2009). Two Problems of Easy Credit. Synthese 169 (1):201 - 216.
Joseph Wakeling & Per Bak (2001). Intelligent Systems in the Context of Surrounding Environment. Philosophical Explorations.
Added to index2011-09-28
Total downloads4 ( #281,195 of 1,413,414 )
Recent downloads (6 months)0
How can I increase my downloads?