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This book presents a comprehensive model that simulates human behavior in society, meticulously selecting and analyzing fundamental determinants such as skills and productivity, connectivity and network formation, psychological biases, moral behavior, consumption preferences, institutional arrangements, and political choices. Each agent in the model is characterized by a unique profile, and the aggregate outcomes emerge from the interactions of these diverse agents. The model is codified and simulated, and its results are compared with empirical evidence. This work offers an elegant and stylized approach to understanding complex outcomes resulting from simple interaction rules, making a significant contribution to the literature on complexity and agent-based computational economics. The model developed here serves as a transdisciplinary framework, providing an integrated and holistic perspective on human behavior.
About the author
Orlando Gomes
is a Full Professor of Economics at the Lisbon Accounting and Business School (ISCAL) of the Lisbon Polytechnic Institute. He earned his Ph.D. from the Lisbon University Institute in 2002. His research interests encompass macroeconomics, economic growth, behavioral economics, complexity dynamics, and agent-based models.
Michelle Lins de Moraes
is a Professor of Economics at ISCAL. She holds a Ph.D. in Economics and Public Policy from Università degli Studi di Ferrara (Italy) and Universidade Federal do Maranhão (Brazil). She has extensive international experience as a researcher and lecturer. Her research focuses on behavioral economics, sustainability, and innovation.
Paulo Fagandini Ruiz
is a Professor of Economics at ISCAL. He earned his Ph.D. in Economics from Nova School of Business and Economics, where he also teaches Master’s and Doctoral summer courses. His research specializes in applied microeconomic theory and empirical microeconomics. Additionally, he has experience as a private sector consultant.
