eos.agent.firm
Class ConsumerGoodFirm

java.lang.Object
  eos.agent.Agent
      eos.agent.firm.Firm
          eos.agent.firm.ConsumerGoodFirm

Direct Known Subclasses:

OCGFirm

public abstract class ConsumerGoodFirm
extends Firm

A consumer good firm implements a specialized firm, OrdinaryCG for now

Field Summary

protected double	A technology coefficient in the production function
protected double	beta sensitivity of output to labor (power on L in the production function)
protected int	capitalQuantity capital quantity
protected double	phi sensitivity of output to marginal profit
protected Good	product product the firm is producing/selling (OrdinaryCG for now)
static double	PROFIT_TC

Fields inherited from class eos.agent.firm.Firm

capacity, capitalCost, interest, labor, marginalProfit, output, profit, revenue, totalCost, wage, wageBudget

Constructor Summary

ConsumerGoodFirm(java.lang.String productName, double initBal, double initMort, double initInt, double initRev, double initPay, double initWage, double initOutput, double initWageBudget, int initCapital, double initLabor, CFirm[] capitalProducers)
Create a new consumer good firm

Method Summary

void	act() Called by Economy.step() in each step.
double	convertToProduct(double labor, double K) production function Return output produced by labor amount of labor and K amount of capital
Capital	getCapital() Return a reference to this ConsumerGoodFirm's Capital

Methods inherited from class eos.agent.firm.Firm

getCapacity, getCapitalCost, getLabor, getLaborCost, getMarginalProfit, getOutput, getProfit, getTotalCost, getWage

Methods inherited from class eos.agent.Agent

die, getGood, getID, getName, isAlive

Methods inherited from class java.lang.Object

clone, equals, finalize, getClass, hashCode, notify, notifyAll, toString, wait, wait, wait

Field Detail

PROFIT_TC

public static final double PROFIT_TC

See Also:

Constant Field Values

A

protected double A

technology coefficient in the production function

beta

protected double beta

sensitivity of output to labor (power on L in the production function)

phi

protected double phi

sensitivity of output to marginal profit

capitalQuantity

protected int capitalQuantity

capital quantity

product

protected Good product

product the firm is producing/selling (OrdinaryCG for now)

Constructor Detail

ConsumerGoodFirm

public ConsumerGoodFirm(java.lang.String productName,
                        double initBal,
                        double initMort,
                        double initInt,
                        double initRev,
                        double initPay,
                        double initWage,
                        double initOutput,
                        double initWageBudget,
                        int initCapital,
                        double initLabor,
                        CFirm[] capitalProducers)

Create a new consumer good firm

Parameters:

productName - name of the product

initOutput - initial output

initWageBudget - initial wage budget

initCapital - initial amount of capital

capitalProducers - array of capital good producers

Method Detail

act

public void act()

Called by Economy.step() in each step.

Specified by:

act in class Agent

convertToProduct

public double convertToProduct(double labor,
                               double K)

production function Return output produced by labor amount of labor and K amount of capital

Parameters:

labor - amount of labor

K - amount of capital

Returns:

output produced by labor amount of labor and K amount of capital

getCapital

public Capital getCapital()

Return a reference to this ConsumerGoodFirm's Capital

Returns:

a reference to the agent's account