The Complex Economic Network Created in Stella Software A Contribution to Emerging Theory of Virtual Complex Networks - Part II

Abstract

In the contemporary mainstream economics, there is a persisting reckoning on mathematical apparatus of Newtonian Mechanics or in better case of first (of Clausius) Thermodynamics. However, the economy in objective reality isn´t existing as a mechanical system but as such it is living in the form of complex evolving social organism creating a complex network. De facto economy is a spontaneous product of great population of Homo sapiens in a very long historical evolution. Problems and difficulties for eco-nomics scholars are consisting in fact that such entities in objective reality are not directly observable and the less they are in whole effectively controlled from separate sole centre. Fortunately the progress in information and communication technologies (ICT) and mainly in computational intelligence (CI) are bringing new possibilities for insight if not directly into objective economies thereabout at least into virtual ones. For such purposes we have constructed a relatively simple software called STELLA. It is a primordial virtual economy which allows to the user directly in computer to observe the behaviour in it. However, only a slide showing of snapshots passed from STELLA is less explanatory. For that reason we must to expend the exposition by voluminous verbal commentaries. On the other hand we must em-phasize that “reading” of snapshots from computer simulations is a new very efficient modus of mining knowledge from complex economic process. In the Part I of this essay we have introduced foundations of the theory of complex network economies and elementary virtual economies created in software STELLA. Simulations and deep commentary to behaviour in virtual economy are the purpose of this Part II of our essay.