A new book provides an overview of agent-based modeling (ABM) and multi-agent systems (MAS), emphasizing their significance in understanding complex economic systems. The book’s 14 chapters feature ...

In the 1980s and ’90s, SFI played laboratory to a promising new method known as agent-based modeling. In ensuing decades, agent-based models (ABMs) proliferated across many fields, including economics ...

ABSTRACT. There is an increasing drive to combine agent-based models with empirical methods. An overview is provided of the various empirical methods that are used for different kinds of questions.

One of the main challenges in Agent-Based Modeling (ABM) is to model agents’ preferences and behavioral rules such that the knowledge and decision-making processes of real-life stakeholders will be ...

Historical Social Research / Historische Sozialforschung, Vol. 43, No. 1 (163), Special Issue: Agent-Based Modeling in Social Science, History, and Philosophy (2018), pp. 259-284 (27 pages) ...

Policy making for complex (SESs) is a multi-factorial and multi-stakeholder decision making process. Therefore, proper policy simulation in a SES should consider both the complex behavior of the ...

In this paper we introduce agent-based modeling for research on decentralized autonomous organizations and decentralized finance (DeFi). As an illustration, we employ agent-based modeling to ...