Showing 1 - 10 of 22
Brian Arthur's `El Farol Bar' model is extended so that the agents also learn and communicate. The learning and communication is implemented using an evolutionary process acting upon a population of mental models inside each agent. The evolutionary process is based on a Genetic Programming...
Persistent link: https://www.econbiz.de/10005762916
The reductionist/holist debate seems an impoverished one, with many participants appearing to adopt a position first and constructing rationalisations second. Here I propose an intermediate position of pragmatic holism, that irrespective of whether all natural systems are theoretically...
Persistent link: https://www.econbiz.de/10005169879
Persistent link: https://www.econbiz.de/10005169880
The merits of modelling within a logical, as opposed to Bayesian, framework is discussed. It is claimed that a logical formalism is more appropriate for modelling qualitative decisions and that this framework makes the unfolding of process more apparent. This difference in approach leads to...
Persistent link: https://www.econbiz.de/10005169882
It is argued that the credible modelling of economic agents from a bounded rationality perspective, implies a certain difference of approach from those involved in designing agents for a specific task or environment. Some of the ramifications of this are that learning in the resulting models can...
Persistent link: https://www.econbiz.de/10005169884
Wider issues of the validation of computational models - ascertaining that they are sound and consistent relative to some logical formalism and/or substantive theory - have not been a subject of the management science literature. In this paper, we demonstrate that computational models can be...
Persistent link: https://www.econbiz.de/10005404029
It is argued that complexity has only a limited use as a paradigm against reductionist approaches and that it has a much richer potential as a comparable property. What can complexity be usefully said to be a property of is discussed. It is argued that it is unlikely to have any useful value as...
Persistent link: https://www.econbiz.de/10005404031
The simulation of social behavior in a variety of domains is an increasingly important technological tool. A reference survey of social simulation work, This book comprehensively collects the most exciting developments in the field. Drawing research contributions from a vibrant community of...
Persistent link: https://www.econbiz.de/10011726582
We distinguish between two main types of model: predictive and explanatory. It is argued (in the absence of models that predict on unseen data) that in order for a model to increase our understanding of the target system the model must credibly represent the structure of that system, including...
Persistent link: https://www.econbiz.de/10012741876
The field of memetics is characterised and two types of memetic model analysed: the a priori model and the 'black-box' model. These are used to motivate a picture of scientific modelling, where by chains of models are built from abstract models at the 'top' down to data models derived from...
Persistent link: https://www.econbiz.de/10012775072