What is Agent-based Modelling?
Agent-based modeling represents a system (economic or other) as a collection of autonomous decision-making entities called agents. Examples of systems studied using agent based models include economies, markets, and large complex institutions such as schools and hospitals. Each agent is an abstraction of an actor in the system that possesses states (i.e. its characteristics) and has the ability to make decisions on the basis of a set of behavior rules. Examples of agents as the parts of the above mentioned systems include consumers and producers for an economy; buyers and sellers for a market; teachers and pupils for a school; and doctors, nurses and patients for a hospital.
Agent-based modelling websites
Some of the websites that might be useful for people who are interested in reading about agent-based modelling or finding out about research activities that are happening all over the world.
- Agent-based Computational Economics - Prof. Tesfatsion
- Complex Open System - Research Network
- Computational Economics - Prof. Kendrick
- Open Agent-based Consortium
- Agent-based Models - methodology and philosophy
- Agent-based Models - Brookings Institution
- On-line Guide for Newcomers to Agent-based Modelling in the Social Sciences
Some interesting computational laboratories and demonstration software
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