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Microscopic simulation models are often evaluated based on visual inspection of the results. This paper presents formal … econometric techniques to compare microscopic simulation (MS) models with real-life data. A related result is a methodology to …
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Microscopic simulation models are often evaluated based on visual inspection of the results. This paper presents formal … econometric techniques to compare microscopic simulation (MS) models with real-life data. A related result is a methodology to …
Persistent link: https://www.econbiz.de/10014055107
through the proposed model's simulation analysis that, although a firm's sales volume temporarily falls due to an economic …
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This paper presents a regional land-use model that conceives farms as independent agents aiming at maximum individual utility. Farm agents optimize their utility with the help of a linear-programming algorithm that takes into account natural, economic and personal restrictions. Interactions...
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