Question On Multiple Agents

General DSGE Modeling
1

Hello,

I have a question on the feasibility of simulating multiple agents. Is it possible to have more than one fully optimizing household? I am thinking of this potentially in a basic NK model. Has anyone tried this before I can’t quite seem to find any examples. If there are any that people are familiar with I would appreciate if you could point me to them.

2

Of course that is possible. There should be many examples out there, e.g. whenever you have multi country or multi sector models. Similarly, many models feature e.g. optimizing entrepreneurs or bankers.