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The Emergence of Self-governance Institutions : = Agent-based Simulation of Game Theoretic Models of Democratization.

Record Type:	Language materials, manuscript : Monograph/item
Title/Author:	The Emergence of Self-governance Institutions :/
Reminder of title:	Agent-based Simulation of Game Theoretic Models of Democratization.
Author:	Reed, Elaine.
Description:	1 online resource (243 pages)
Notes:	Source: Dissertation Abstracts International, Volume: 79-07(E), Section: A.
Contained By:	Dissertation Abstracts International79-07A(E).
Subject:	Economics. -
Online resource:	click for full text (PQDT)
ISBN:	9780355648973

The Emergence of Self-governance Institutions : = Agent-based Simulation of Game Theoretic Models of Democratization.
Reed, Elaine.

The Emergence of Self-governance Institutions :Agent-based Simulation of Game Theoretic Models of Democratization. - 1 online resource (243 pages)

Source: Dissertation Abstracts International, Volume: 79-07(E), Section: A.

Thesis (Ph.D.)

Includes bibliographical references

Institutions are created by people interacting in complex ways with others in their socio-economic environment. A study of institutions should therefore study the people and interactions that create them. Acemoglu and Robinson developed a theory on the creation and consolidation of democracy through a game-theoretic framework. They studied how economic incentives influence the way social groups shape institutions to allocate political and economic power. The A&R models assume groups of people are completely rational and identical intra-group in order to make the models mathematically tractable. My dissertation utilizes an agent-based computational methodology to reproduce the A&R formal models with the same restrictions in order to validate my model. Specifically, with intra-group homogeneity the agent-based model reproduces the group-level threshold conditions affecting institutional choices found by A&R. I show that these results are robust to parameter changes within the ranges defined by A&R. The more flexible computational methodology allows me to relax the restrictive assumptions and explore how a more realistic set of assumptions such as heterogeneous incomes and limited intelligence affect the larger outcomes for all groups. The population structure with heterogeneity can include a more realistic middle class. Modeling a middle class by using agent-based models with heterogeneous agents finds that the effect of a middle class is non-linear and does not make democratizations more likely for all ranges of underlying economic conditions. This dissertation demonstrates the usefulness of agent-based modeling as a viable alternative quantitative methodology for studying complex institutions.

Electronic reproduction.
Ann Arbor, Mich. :
ProQuest,
2018

Mode of access: World Wide Web

ISBN: 9780355648973Subjects--Topical Terms:

555568
Economics.
Index Terms--Genre/Form:

554714
Electronic books.

The Emergence of Self-governance Institutions : = Agent-based Simulation of Game Theoretic Models of Democratization.
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500 $a Adviser: Robert Axtell.
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504 $a Includes bibliographical references
520 $a Institutions are created by people interacting in complex ways with others in their socio-economic environment. A study of institutions should therefore study the people and interactions that create them. Acemoglu and Robinson developed a theory on the creation and consolidation of democracy through a game-theoretic framework. They studied how economic incentives influence the way social groups shape institutions to allocate political and economic power. The A&R models assume groups of people are completely rational and identical intra-group in order to make the models mathematically tractable. My dissertation utilizes an agent-based computational methodology to reproduce the A&R formal models with the same restrictions in order to validate my model. Specifically, with intra-group homogeneity the agent-based model reproduces the group-level threshold conditions affecting institutional choices found by A&R. I show that these results are robust to parameter changes within the ranges defined by A&R. The more flexible computational methodology allows me to relax the restrictive assumptions and explore how a more realistic set of assumptions such as heterogeneous incomes and limited intelligence affect the larger outcomes for all groups. The population structure with heterogeneity can include a more realistic middle class. Modeling a middle class by using agent-based models with heterogeneous agents finds that the effect of a middle class is non-linear and does not make democratizations more likely for all ranges of underlying economic conditions. This dissertation demonstrates the usefulness of agent-based modeling as a viable alternative quantitative methodology for studying complex institutions.
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538 $a Mode of access: World Wide Web
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