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Advances in the agent-based modeling of economic and social behavior
[Zeitschriftenartikel]
Abstract In this review we discuss advances in the agent-based modeling of economic and social systems. We show the state of the art of the heuristic design of agents and how behavioral economics and laboratory experiments have improved the modeling of agent behavior. We further discuss how economic networks... mehr
In this review we discuss advances in the agent-based modeling of economic and social systems. We show the state of the art of the heuristic design of agents and how behavioral economics and laboratory experiments have improved the modeling of agent behavior. We further discuss how economic networks and social systems can be modeled and we discuss novel methodology and data sources. Lastly, we present an overview of estimation techniques to calibrate and validate agent-based models and show avenues for future research.... weniger
Klassifikation
Allgemeines, spezielle Theorien und "Schulen", Methoden, Entwicklung und Geschichte der Wirtschaftswissenschaften
Erhebungstechniken und Analysetechniken der Sozialwissenschaften
Freie Schlagwörter
Agent-based models; Behavioral economics; Computational economics; Computational social science; Heuristic design; Model calibration; Networks; Review
Sprache Dokument
Englisch
Publikationsjahr
2021
Zeitschriftentitel
SN Business & Economics, 1 (2021) 7
DOI
https://doi.org/10.1007/s43546-021-00103-3
ISSN
2662-9399
Status
Veröffentlichungsversion; begutachtet (peer reviewed)