Thus, the authors discuss the advantages and application of agent-based models, which is a computerized simulation of a number of decision-makers and institutions that interact under prescribed rules.doi:10.1038/460685aFarmer, J. DoyneFoley, Duncan...
The leaders of the world are flying the economy by the seat of their pants, say J. Doyne Farmer and Duncan Foley. There is, however, a better way to help guide financial policies. This is a preview of subscription content, access via your institution Relevant articles Open Access articles...
(2021). We then feed these results into an agent-based model in order to demonstrate the possible economic and financial effects of the COVID-19 crisis and examine the outcome of possible government policies aimed at restarting the economy. As researchers have been focusing on both the ...
Foley The economy needs agent-based modelling Nature, 460 (2009), pp. 685-686, 10.1038/460685a View in ScopusGoogle Scholar Finon, 2013 D. Finon Can We Reconcile Different Capacity Adequacy Policies with an Integrated Electricity Market? Paris Dauphine University, Paris (2013) Google Scholar ...
J. Loomis, C. Bond, and D. Harpman, "The potential of agent- based modelling for performing economic analysis of adaptive natural resource management," Journal of Natural Resources Policy Research, vol. 1, no. 1, pp. 35-48, 2009.
Agent-based modelling (ABM) has become a popular simulation analysis tool and has been used to examine systems from myriad domains. This article re-examines some of the scientific developments in computers, complexity, and systems thinking that helped lead to the emergence of ABM by shedding new...
METHODOLOGY/PRINCIPAL FINDINGS: A keratincyte/fibroblast o-culture model was developed by extending an agent-based keratinocyte colony formation model to include the response of keratinocytes to both fibroblasts and serum. The model was validated by comparison of the in virtuo and in vitro ...
This paper motivates the use of agent-based modelling to study policy impacts on systems of heterogeneous, individually acting agents, such as agricultural structures. The paper presents the model AgriPoliS and an application to a region in southwest Germany. The policies considered in the simulation...
“Agent Based Modeling (ABM) has been instrumental in several circular economy analysis projects at NREL. It has helped us to identify the potential barriers and enablers toincreasing the circularity of renewable energy technologies, such aswind turbines and photovoltaic panels.” ...
The economy needs agent-based modelling. Nature 460, 685–686 (2009). Article CAS Google Scholar van Vuuren, D. P. et al. A new scenario framework for climate change research: scenario matrix architecture. Climatic Change 122, 373–386 (2014). Article Google Scholar O’Neill, B. C. ...