Agent-based modelling (ABM) has emerged as a pivotal tool in macroeconomics and economic policy analysis. By simulating the interactions of numerous heterogeneous agents — such as households, firms, ...
Uri Wilensky of Northwestern University’s Center for Connected Learning and Computer-Based Modeling Department observed the world has a variety of natural or emergent phenomena consisting of patterns, ...
George Danner is president of Houston-based Industrial Science LLC, a consultancy that specializes in computer simulations, including agent-based modeling of complex, adaptive systems. He recently ...
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