Showing 1 - 10 of 19
-Author Model. In this article, a limited observation is applied and analytical results are derived. Then, 2 parameters are varied …
Persistent link: https://www.econbiz.de/10005481620
This paper uses microsimulation techniques to model individual's medical behavior and forecast the effects of different …
Persistent link: https://www.econbiz.de/10004983530
offer added value over established methods? (2) How can the danger of arbitrariness caused by the extended modelling …" literature where established methods, i.e. game theory, as well as computer simulations are used: the susceptibility of the …, Deliano's simulation model exhibits considerable arbitrariness in model design and lacks information on its robustness. In …
Persistent link: https://www.econbiz.de/10005518510
There is growing advocacy for the adoption of computational methods as a substitute for, or complement to, traditional … research methods, particularly for examining social phenomena derivative of organised complexity. This paper examines some of …
Persistent link: https://www.econbiz.de/10005518641
This paper addresses a set of methodological problems arising in the empirical validation of agent-based (AB) economics models and discusses how these are currently being tackled. These problems are generic for all those engaged in AB modelling, not just economists. The discussion is therefore...
Persistent link: https://www.econbiz.de/10005481587
exemplified as a framework for examining simulation models - assumptions of language embedded in the model at each level are made … explanations of a model; alongside, as a synthesis from different interpretations, to draw in an interpretive conclusion is …
Persistent link: https://www.econbiz.de/10005481593
with agent-based methodology in the top journals. We identify some methodological pitfalls that, according to us, are …
Persistent link: https://www.econbiz.de/10005481619
This paper identifies possible pitfalls of simulation modeling and suggests ways to prevent them. First, we specify five typical pitfalls that are associated with the process of applying simulation models and characterize the \"logic of failure\" (Dörner 1996) behind the pitfalls. Then, we...
Persistent link: https://www.econbiz.de/10011094300
We provide simple general-purpose rules for agents to buy inputs, sell outputs and set production rates. The agents proceed by trial and error using PID controllers to adapt to past mistakes. These rules are computationally inexpensive, use little memory and have zero-knowledge of the outside...
Persistent link: https://www.econbiz.de/10010790582
The paper investigates what is meant by "good science" and "bad science" and how these differ as between the natural (physical and biological) sciences on the one hand and social sciences on the other. We conclude on the basis of historical evidence that the natural science are much more heavily...
Persistent link: https://www.econbiz.de/10004983496