Advances in the agent-based modeling of economic and social behavior

Autor: Eva Camacho Cuena, Thomas Lux, Simone Alfarano, Giulia Iori, Fariba Karimi, Mitja Steinbacher, Matthias Raddant
Jazyk: angličtina
Rok vydání: 2021
Předmět:
Zdroj: SN Business & Economics
Repositori Universitat Jaume I
Universitat Jaume I
ISSN: 2662-9399
Popis: In this review we discuss advances in the agent-based modeling of economic and social systems. We show the state of the art of the heuristic design of agents and how behavioral economics and laboratory experiments have improved the modeling of agent behavior. We further discuss how economic networks and social systems can be modeled and we discuss novel methodology and data sources. Lastly, we present an overview of estimation techniques to calibrate and validate agent-based models and show avenues for future research.
Databáze: OpenAIRE