Agent-based toy modeling for comparing distributive and competitive free market

Is a competitive free market the most efficient way to equally allocate rare resources among economical agents ?Many economists tend to think it is the case. This paper presents a preliminary attempt through a very Alife like model to tackle this question. Agents which are alternatively producer, seller, buyer and consumer participate in a free market to increase their welfare. The simulation is organized and presented in a UML class diagram and two types of economy, competitive and distributive, are compared. © 2011 Springer-Verlag.SCOPUS: cp.kinfo:eu-repo/semantics/publishe