Agent-Based Computational Economics: Overview and Brief History
Agent-Based Computational Economics: Overview and Brief History
dc.contributor.author | Tesfatsion, Leigh | |
dc.contributor.department | Economics | |
dc.date | 2021-03-30T14:57:21.000 | |
dc.date.accessioned | 2021-04-30T00:54:28Z | |
dc.date.available | 2021-04-30T00:54:28Z | |
dc.date.embargo | 2021-03-30 | |
dc.date.issued | 2022-05-12 | |
dc.description.abstract | Scientists and engineers seek to understand how real-world systems work and could work better. Any modeling method devised for such purposes must simplify reality. Ideally, however, the modeling method should be flexible as well as logically rigorous; it should permit model simplifications to be appropriately tailored for the specific purpose at hand. Flexibility and logical rigor have been the two key goals motivating the development of Agent-based Computational Economics (ACE), a completely agent-based modeling method characterized by seven specific modeling principles. This perspective provides an overview of ACE, a brief history of its development, and its role within a broader spectrum of experiment-based modeling methods. | |
dc.format.mimetype | application/pdf | |
dc.identifier | archive/lib.dr.iastate.edu/econ_workingpapers/126/ | |
dc.identifier.articleid | 1125 | |
dc.identifier.contextkey | 22245699 | |
dc.identifier.s3bucket | isulib-bepress-aws-west | |
dc.identifier.submissionpath | econ_workingpapers/126 | |
dc.identifier.uri | https://dr.lib.iastate.edu/handle/20.500.12876/104713 | |
dc.relation.ispartofseries | 21004 | |
dc.source.bitstream | archive/lib.dr.iastate.edu/econ_workingpapers/126/21004.pdf|||Tue Mar 30 14:57:21 UTC 2021 | |
dc.source.bitstream | archive/lib.dr.iastate.edu/econ_workingpapers/126/21004_revision.pdf|||Fri Jan 14 19:25:47 UTC 2022 | |
dc.subject.disciplines | Econometrics | |
dc.subject.disciplines | Economic Theory | |
dc.subject.disciplines | Numerical Analysis and Scientific Computing | |
dc.subject.disciplines | Theory and Algorithms | |
dc.subject.keywords | Completely agent-based modeling (c-ABM) | |
dc.subject.keywords | agent-based computational economics (ACE) | |
dc.subject.keywords | experiment-based modeling methods | |
dc.title | Agent-Based Computational Economics: Overview and Brief History | |
dc.type | article | |
dc.type.genre | article | |
dspace.entity.type | Publication | |
relation.isAuthorOfPublication | 1b45fd18-54a5-46e7-a853-62262cd64b39 | |
relation.isOrgUnitOfPublication | 4c5aa914-a84a-4951-ab5f-3f60f4b65b3d |
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