Objective Macroeconomic policy design plays a fundamental role in social welfare and requires a coordinated application of economic policy measures, e.g. fiscal and monetary strategies, knowledge exchange, R&D incentives etc. Generally speaking, the interplay of such different measures is not completely understood and macroeconomic design follows a classical approach. Conversely, there is considerable interest in the development of an alternative paradigm to the rational representative agent model.This project tackles this complex problem and proposes an innovative approach to macroeconomic modelling and economic policy design within the agent-based computational economics framework. The project objectives are characterized by scientific, technological and societal scopes.From the scientific point of view, the main effort regards the study and the development of multi-agent models that reproduce, at the aggregate economic level, the emergence of global features as a self-organized process from the complex pattern of interactions among heterogeneous individuals.From the technological point of view, the project will develop, with advanced software engineering techniques, a software platform in order to realize a powerful environment for large-scale agent-based economic simulations. Key issues will be the definition of formal languages for modelling and for optimizing code generation, the development of scalable computational simulation tools and the standardization of data with easy to use human-machine interfaces.Finally, from the social point of view, the agent-based software platform for the simulation of the European economy will have an outstanding impact on the economic policy design capabilities of the European Union. It will be a powerful tool, enabling to perform "what-if" analysis, optimizing the impact of regulatory decisions that will be quantitatively based on European economy scenarios. Fields of science social scienceseconomics and businesseconomicsmacroeconomicsnatural sciencescomputer and information sciencessoftwaresoftware applicationssimulation software Programme(s) FP6-IST - Information Society Technologies: thematic priority under the specific programme "Integrating and strengthening the European research area" (2002-2006). Topic(s) IST-2005-2.3.4 (xi) - (xi) FET Proactive Initiative: Complex Systems Call for proposal Data not available Funding Scheme STREP - Specific Targeted Research Project Coordinator UNIVERSITA DEGLI STUDI DI GENOVA Address Via balbi 5 Genova Italy See on map Links Website Opens in new window EU contribution € 0,00 Participants (7) Sort alphabetically Sort by EU Contribution Expand all Collapse all THE SCIENCE AND TECHNOLOGY FACILITIES COUNCIL United Kingdom EU contribution € 0,00 Address Polaris house, north star avenue SN2 1SZ Swindon See on map THE UNIVERSITY OF SHEFFIELD EU contribution € 0,00 Address See on map Links Website Opens in new window TURKIYE BILIMSEL VE TEKNOLOJIK ARASTIRMA KURUMU Türkiye EU contribution € 0,00 Address Ataturk bulvari no. 221 kavaklidere 06100 Ankara See on map UNIVERSITA DEGLI STUDI DI CAGLIARI Italy EU contribution € 0,00 Address Via universita 40 Cagliari See on map Links Website Opens in new window UNIVERSITA POLITECNICA DELLE MARCHE Italy EU contribution € 0,00 Address Piazza roma 22 60100 Ancona See on map UNIVERSITAET BIELEFELD Germany EU contribution € 0,00 Address Universitaetsstrasse 25 100131 Bielefeld See on map Links Website Opens in new window UNIVERSITE DE LA MEDITERRANNEE AIX-MARSEILLE II France EU contribution € 0,00 Address Bd charles livon 58 le pharo. jardin e. duclaux 13284 Marseille cedex 07 See on map
