Swarm Engineering for Agent-Based Economics

The Hamiltonian Method of Swarm Design is applied to the design of an agent based economic system. The method allows the design of a system from the global behaviors to the agent behaviors, with a guarantee that once certain derived agent-level conditions are satisfied, the system behavior becomes the desired behavior. Conditions which must be satisfied by consumer agents in order to bring forth the ”invisible hand of the market” [18] are derived and demonstrated in simulation. A discussion of how this method might be extended to other economic systems and non-economic systems is presented.