Showing 1 - 8 of 8
Full-text of this article is not available in this e-prints service. This article was originally published in Journal of Artificial Societies and Social Simulation, published by and copyright University of Surrey, Department of Sociology.
Persistent link: https://www.econbiz.de/10009455002
This paper addresses a set of methodological problems arising in the empirical validation of agent-based (AB) economics models and discusses how these are currently being tackled. These problems are generic for all those engaged in AB modelling, not just economists. The discussion is therefore...
Persistent link: https://www.econbiz.de/10005481587
Persistent link: https://www.econbiz.de/10011915555
Since the influential survey by Windrum et al. (2007), research on empirical validation of agent-based models in economics has made substantial advances, thanks to a constant flow of high-quality contributions. This Chapter attempts to take stock of such recent literature to offer an updated...
Persistent link: https://www.econbiz.de/10011729421
This paper proposes a new method for empirically validate simulation models that generate artificial time series data comparable with real-world data. The approach is based on comparing structures of vector autoregression models which are estimated from both artificial and real-world data by...
Persistent link: https://www.econbiz.de/10011457385
This paper proposes a new method to empirically validate simulation models that generate artificial time series data comparable with real-world data. The approach is based on comparing structures of vector autoregression models that are estimated from both artificial and real-world data by means...
Persistent link: https://www.econbiz.de/10012993435
We propose a general protocol for calibration and validation of complex simulation models by an approach based on discovery and comparison of causal structures. The key idea is that configurations of parameters of a given theoretical model are selected by minimizing a distance index between two...
Persistent link: https://www.econbiz.de/10013441565
We propose a general protocol for calibration and validation of complex simulation models by an approach based on discovery and comparison of causal structures. The key idea is that configurations of parameters of a given theoretical model are selected by minimizing a distance index between two...
Persistent link: https://www.econbiz.de/10014263261