Impact of immigrants on a multi-agent economical system

Léa Kaufmann; Ranaivo Razakanirina; Derek Groen; Bastien Chopard

doi:10.1371/journal.pone.0197509

Impact of immigrants on a multi-agent economical system

PLoS One. 2018 May 24;13(5):e0197509. doi: 10.1371/journal.pone.0197509. eCollection 2018.

Authors

Léa Kaufmann¹, Ranaivo Razakanirina¹, Derek Groen², Bastien Chopard¹

Affiliations

¹ Computer science department, University of Geneva, Geneva, Switzerland.
² Department of computer science, Brunel University London, London, United Kingdom.

Abstract

We consider a multi-agent model of a simple economical system and study the impacts of a wave of immigrants on the stability of the system. Our model couples a labor market with a goods market. We first create a stable economy with N agents and study the impact of adding n new workers in the system. The time to reach a new equilibrium market is found to obey a power law in n. The new wages and market prices are observed to decrease as 1/n, whereas the wealth of agents remains unchanged.

Publication types

Research Support, Non-U.S. Gov't

MeSH terms

Algorithms
Emigrants and Immigrants*
Emigration and Immigration*
Humans
Models, Econometric*

Grants and funding

Dr. Bastien Chopard’s salary was received from Université de Genève; Prof Derek Groen’s salary was received from Brunel University London. The funders had no role in study design, data collection and analysis, decision to publish, or preparation of the manuscript.