Agent based modelling

From ACT Wiki
Revision as of 16:16, 9 February 2017 by Doug Williamson (Talk | contribs) (Clarify wording.)

Jump to: navigation, search

(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.


See also