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A GlossaryAGENT: A biologically inspired miniprogram designed to behave like an economic entity, such as a household, bank, retailer, or government agency. BOTTOM-UP MODEL: A computer simulation that humans build around agents and genes, then allow Darwinian principles to take over. GENE: A small piece of a genetic algorithm that gives it certain characteristics, such as a household's preference for quality vs. price. GENETIC ALGORITHM: A computer program that can evolve and mutate by exchanging genes with another genetic algorithm.
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Updated June 15, 1997 by bwwebmaster
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