Agent-Based Model History and Development
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.
KeywordsAgent-based model history Agent-based models FERMIAC Sugarscape Microsimulation Emergent behaviour Agent-based modelling pitfalls
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