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Welcome to the EconSim wiki!

This wiki documents the development effort of EconSim as well as future milestones and aspirations.

Milestones and Progress Report:

Player has a few levers to stabilize economy and prevent unrest and coup (lose condition)
User interactions
- Submit bid/asks on the auction to stabilize supply/demand
- Tax wealth/revenue/profit to equalize gov budget
- Welfare cash to respawn bankrupt agents/reduce population drop
Natural disasters and hardships that progressively makes it harder to not lose
plug all infinite sources (agent respawn gets money and food from nothing)
Progress Report Oct 18, 2024
Progress Report Nov 24, 2024

death and births of agents - population grows and shrinks with economic conditions
aging mechanic, requires certain reproduction rate - need agent state machine, might push off to later

Banks - can make loans based on fractional reserve lending, create credit bubbles.
Agent development - agents invest surplus cash to develop new production abilities to become bigger, may develop scaling overheads.
Mergers - agents can buy competitions out.
Foreign markets - multiple instances of auction houses with its own set of agents and its own set of commodities.
International trades - agents can make trades in foreign markets; local markets may impose import tariffs (player's choice).
Separate currencies - each national market has its own set of currencies; inflation rate; exchange rate.
Hegemony - win condition
- gain or lose points based on how other nations react to you (fear, respect, dependence)
labor unions vs corporations
- labor strikes; determined by amount of cash and food in each worker's inventory before they accept corp terms
- corp back down when they can't take any more losses or some external pressure (PR? gov? check out the Boeing strike )
Trust
- higher trust correlates with lower wealth inequality