Final Project

No preview image

1 collaborator

Binyang Xu (Author)

WHAT IS IT?

This section could give a general understanding of what the model is trying to show or explain.

HOW IT WORKS

This section could explain what rules the agents use to create the overall behavior of the model.

HOW TO USE IT

This section could explain how to use the model, including a description of each of the items in the interface tab.

THINGS TO NOTICE

This section could give some ideas of things for the user to notice while running the model.

THINGS TO TRY

This section could give some ideas of things for the user to try to do (move sliders, switches, etc.) with the model.

EXTENDING THE MODEL

This section could give some ideas of things to add or change in the procedures tab to make the model more complicated, detailed, accurate, etc.

NETLOGO FEATURES

This section could point out any especially interesting or unusual features of NetLogo that the model makes use of, particularly in the Procedures tab. It might also point out places where workarounds were needed because of missing features.

RELATED MODELS

This section could give the names of models in the NetLogo Models Library or elsewhere which are of related interest.

CREDITS AND REFERENCES

This section could contain a reference to the model's URL on the web if it has one, as well as any other necessary credits or references.

Comments and Questions

Please start the discussion about this model! (You'll first need to log in.)

Click to Run Model


breed [banks bank]
breed [consumers consumer]

undirected-link-breed [loanlinks loanlink]
undirected-link-breed [banklinks banklink]

banks-own [
  bank-reserves
  bank-standards ;;this denotes whether or not a bank is willing to take on a high risk customer
]

consumers-own [
  reliability ;;a consumer's ability to pay back loans
  loan
]

to setup
  ca
  setup-banks
  setup-consumers
  network-banks
end 

to setup-banks
  create-banks 10 [set bank-reserves random 30 
    set shape "circle" 
    set color red 
    set bank-standards random 100
    move-to one-of patches]
end 

to setup-consumers
  create-consumers 100 [set reliability random 100
    set shape "sheep" 
    set color blue
    move-to one-of patches]
end 

to network-banks
  ask banks [create-banklink-with one-of other banks]
end 

to bank-failure
  if count my-banklinks > 0 [ask one-of banklink-neighbors [set bank-reserves bank-reserves - interbank-loan-amount]]
  if count my-banklinks > 0 [ask one-of banklink-neighbors [set bank-reserves bank-reserves - interbank-loan-amount]]
      if count my-banklinks > 0 [ask one-of banklink-neighbors [set bank-reserves bank-reserves - interbank-loan-amount] ]
  ;;repeat this process of subtracting money lost by banks from interbank loans as many times
  ;;as seems appropriate
  die
end 

to go
ask banks [if bank-reserves <= 0 [bank-failure]] ;;banks fail when they're out of reserves
ask consumers [right random 180 left random 180 fd 1]
ask consumers [if count my-loanlinks = 0 [network-with-bank]] 
ask consumers [if reliability < 20 [if random 100 < 75 [if count my-links > 0 [ask one-of loanlink-neighbors [loseloan]
      set loan 0 die]]]]
if count banks = 0 [stop]
tick
end 

to loseloan
set bank-reserves bank-reserves - loan-amount
end    

to network-with-bank
  if count banks > 0 [
  if loan = 0 [ask my-links [die]
  create-loanlink-with one-of banks 
  ask one-of loanlink-neighbors [set bank-reserves bank-reserves - loan-amount]
  set loan loan-amount]]
end

There are 2 versions of this model.

		Uploaded by	When	Description	Download
		Binyang Xu	over 13 years ago	very much a v0	Download this version
		Binyang Xu	over 13 years ago	Initial upload	Download this version

Attached files

No files

This model does not have any ancestors.

This model does not have any descendants.

NetLogo