What is agent-based modeling, otherwise known as ABM? What is distributed computing? Why do it? These are all easily answered questions, right? Surprisingly, the answer is a resounding “No!” in many ...

This special issue of the Journal of Economics and Statistics is devoted to the use of agent-based models for economic policy advice. It presents a collection of research papers in different fields of ...

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, ...

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. In today's high-tech ...

Environmental change can lead to human migration and vice versa. Agent-based models (ABMs) are valuable tools to study these linkages because they can represent individual migration decisions of human ...

The Indian Institute of Management Kozhikode (IIM-Kozhikode) will host the first Agent-Based Modeling (ABM) India workshop on March 20 and 21. The event will introduce participants to the powerful ...