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Casares Labor Market Multiagent Interactive Simulation
De Grande, Pablo.
First World Congress on Social Simulation, Kyoto, 2006.
The Casares multiagent simulation model is conceived to test and try dynamics of labor market dynamics. The main concern introduced in this model is to explore the relevance of the decay on the reservation wage during unemployment to the overall market. During past research about unemployment effects in the area of Buenos Aires, the variation on the reservation wage, along with the discouragement effect toward stay looking for a job under hostile conditions, appeared as major factors in jeopardizing the chances of reentrance to the labor market.
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