# In (Stochastic) Search of a Fairer Alife

## TL;DR

This paper demonstrates how agent-based computational economics can be used as a practical platform to analyze fairness and equity in complex stochastic systems like economies and societies.

## Contribution

It introduces the use of agent-based models for fairness analysis, addressing the complexity of stochastic and subjective value-driven societal systems.

## Key findings

- Agent-based models can effectively analyze fairness in complex systems.
- Subjective value criteria can be integrated into agent interactions.
- The approach offers a practical tool for equity analysis in economics.

## Abstract

Economies and societal structures in general are complex stochastic systems which may not lend themselves well to algebraic analysis. An addition of subjective value criteria to the mechanics of interacting agents will further complicate analysis. The purpose of this short study is to demonstrate capabilities of agent-based computational economics to be a platform for fairness or equity analysis in both a broad and practical sense.