Agent Based Modeling and Simulation for Home Financing. Application in Netlogo Platform
Agent Based Modeling and Simulation for Home Financing. Application in Netlogo Platform

Summary/Abstract: The major goal of this paper, was to study in the first part the situation of the Home Financing by using the Agent Based Modelling (ABM), and the Agent Based Simulation (ABS) approachs based on the (ABMS), we made a comparative analysis between the different types of home financing contracts. In this study we focused on home financing contracts proposed by Conventional Banks (conventional mortgage), and the Islamic Banks (diminishing partnership mortgage-Mudaraba mortgage). The use of the ABM approach, was to identify in the first part, the different link (points of similarities and differences) that can relate our agents (Home financing conventional bank - islamic bank-real estate market). And approve these interactions by using the (ABS) to simulate agent’s synergy. And to illustrate in the second part, the influence of the owners’ choice on the real estate market.

• Details
• Contents