Agent­-Based Modelling
A Tool for Complexity

This Element works as non-technical overview of Agent-Based Modelling (ABM).

Giacomo Gallegati (Author), Mauro Gallegati (Author), Simone Landini (Author)

9781009547635, Cambridge University Press

Hardback, published 2 January 2025

64 pages
23.5 x 15.5 x 1 cm, 0.233 kg

This Element works as non-technical overview of Agent-Based Modelling (ABM), a methodology which can be applied to economics, as well as fields of natural and social sciences. This Element presents the introductory notions and historical background of ABM, as well as a general overview of the tools and characteristics of this kind of models, with particular focus on more advanced topics like validation and sensitivity analysis. Agent-based simulations are an increasingly popular methodology which fits well with the purpose of studying problems of computational complexity in systems populated by heterogeneous interacting agents.

Introduction
1. Agent-Based Modelling
2. Tools for the simulation with models based on agents
Conclusion
Acronyms
References.

Subject Areas: Political economy [KCP]