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Agent-Based Model History and Development

  • Tim Gooding
Chapter

Abstract

Agent-based modelling has a deep rich history. When it began in physics in the 1930s, it immediately resulted in key scientific breakthroughs. Through time, many disciplines both in and outside academia have adopted agent-based modelling for scientific investigation, especially where systems made up of people were concerned. All this makes it an ideal tool with which to investigate the economy.

Keywords

Agent-based model history Agent-based models FERMIAC Sugarscape Microsimulation Emergent behaviour Agent-based modelling pitfalls 

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Copyright information

© The Author(s) 2019

Authors and Affiliations

  • Tim Gooding
    • 1
  1. 1.Kingston UniversityKingston upon ThamesUK

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