Agent based modelling: Difference between revisions
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imported>Doug Williamson (Create the page: Source The Treasurer page 13 and Agent-based models http://www.agent-based-models.com/blog/2010/03/30/agent-based-modeling/) |
imported>Doug Williamson (Clarify wording.) |
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A type of computational modelling approach in which individuals or collective entities (such as organisations or groups) and their interaction with each other and their environment, are explicitly represented in a program, or another physical entity such as a robot. | A type of computational modelling approach in which individuals or collective entities (such as organisations or groups) and their interaction with each other and their environment, are explicitly represented in a program, or another physical entity such as a robot. | ||
ABM attempts to integrate human and institutional behaviour with a view to assessing their effects on the system as a whole to produce forecasting models. | |||
Both mathematical and experimental approaches are required for its development and application. | Both mathematical and experimental approaches are required for its development and application. | ||
Revision as of 16:16, 9 February 2017
(ABM).
A type of computational modelling approach in which individuals or collective entities (such as organisations or groups) and their interaction with each other and their environment, are explicitly represented in a program, or another physical entity such as a robot.
ABM attempts to integrate human and institutional behaviour with a view to assessing their effects on the system as a whole to produce forecasting models.
Both mathematical and experimental approaches are required for its development and application.
