Extending the High Level Architecture Paradigm to Economic Simulation

  • Authors:

  • James A. Calpin;Marnie R. Salisbury;John A. Vitkevich, Jr.;David R. Woodward

  • Affiliations:

  • The MITRE Corporation, 1820 Dolly Madison Blvd., McLean VA 22102, USA/ E-mail: calpinj@mitre.org;The MITRE Corporation, 1820 Dolly Madison Blvd., McLean VA 22102, USA/ E-mail: marnie@mitre.org;The MITRE Corporation, 1820 Dolly Madison Blvd., McLean VA 22102, USA/ E-mail: jvitkev@mitre.org;The MITRE Corporation, 1820 Dolly Madison Blvd., McLean VA 22102, USA/ E-mail: woodward@mitre.org

  • Venue:
  • Computational Economics
  • Year:
  • 2001

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Abstract

This paper describes the potential application ofa US Department of Defense-developed simulationarchitecture to the domain of economic and financialsimulation. This approach, known as the High LevelArchitecture (HLA)1 for Simulation Interoperability,provides the ability to link disparate simulations.This approach supports simulation interoperability andre-use, allowing for the development of composablesets of interacting simulations. The HLA approach hasproven to be extremely successful in the militarysimulation arena, a domain that has a number of stronganalogies to the economic and financial simulationdomain. This paper provides an overview of the tenetsof the HLA approach and proposes an extension of thetools and capabilities to the economic simulationdomain.