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This article introduces an innovative approach to the validation of empirical methods aiming at estimating capabilities. Validating these empirical methods is difficult because capabilities are not directly observable. We propose a computational model to generate data from a simulated society,...
Persistent link: https://www.econbiz.de/10014108528
The main aim of this study is to evaluate the performance of structural equation models in the estimation of capabilities in a multidimensional development space. We simulate an artificial society using agent-based modelling techniques. Our artificial world is generated to closely resemble a...
Persistent link: https://www.econbiz.de/10014114081