Further analysis of Tribe Turbo with Gauntlet

Proposals
6

For information:

So,

At a high level, ABS allows a set of ‘agents’ (pieces of code meant to mimic actual user behavior) to make rational actions against DeFi protocols according to some ‘what-if’ market scenario.

How close this mimicked user behaviour to actual user behaviour?

Each agent acts according to a set of rules to carry out rational (profit-maximizing) actions.

That’s basically XIX century economics. Nobel Prizes have already been given out for debunking the pure rational choice theory:

Richard Thaler: for his pioneering work in establishing that people are predictably irrational — that they consistently behave in ways that defy economic theory.

Daniel Kahneman: for having integrated insights from psychological research into economic science, especially concerning human judgment and decision-making under uncertainty

See also
Robert Shiller

Behavioral economics