Value Systems And Community Welfare: An ABM Based Exploration

Authors

  • Taseer Salahuddin , Hasan Vergil

Abstract

This research paper investigates the impact of values ranging from absolute hedonism to absolute eudemonism on societal well-being, utilizing agent-based modeling (ABM) through NetLogo to create a simulated environment. The model features a population of "turtles" that embody diverse socio-economic characteristics, including materialism, altruism, and cooperation, which influence their individual well-being and energy levels. As these turtles navigate an ecosystem with both renewable and non-renewable resources, their interactions and consumption behaviors directly affect their personal well-being and the collective energy of the community. The simulation employs varying value indices, revealing a significant beta coefficient of 0.62, indicating a strong correlation between societal values and overall well-being. The findings underscore the importance of understanding how different value orientations influence not only individual behaviors but also community welfare and resource sustainability. This study has critical implications for policymakers and social planners, as it highlights the need to foster values that promote collective well-being and sustainable resource management. By elucidating the relationship between value systems and societal health, the research contributes to ongoing discussions about the ethical foundations of social structures and the role of individual choices in shaping communal outcomes.

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Published

2024-08-02

How to Cite

Taseer Salahuddin , Hasan Vergil. (2024). Value Systems And Community Welfare: An ABM Based Exploration . Migration Letters, 21(S13), 1060–1078. Retrieved from https://migrationletters.com/index.php/ml/article/view/11439

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Articles