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National Repository of Grey Literature 1 records found  Search took 0.01 seconds. 
The Basic Income concept in the perspective of Agent-Based modelling
 Macháček, Vít ; Janský, Petr (advisor) ; Malovaná, Simona (referee)
The Basic Income concept in the perspective of Agent-Based modelling Abstract: The thesis study the relationship between the basic income introduction and the price level. The basic income would replace the existing social security. The resulting redistribution induce changes in the aggregate demand through the concave consumption function. The aggregate demand in turn affect the price creation mechanism. Because the price level is a result of activity of many different agents with private motivation and information, the work used a simple macroeconomic agent-based model to isolate the relationship. The simulation however did not succeed in isolating the possible link between the price level and the basic income introduction.
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