Abstract
We show that certain desired behavioural properties of agent-based models can be deterministically induced by an appropriate mathematical structure. We also point out problems related to the handling of parameters, and of the modelling of time, in agent-based models. Our purpose is to illustrate some problems of agent-based social simulations in markets, as a first step towards the more ambitious goal of providing a methodology for such simulations.
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Bertels, K., Boman, M. Agent-Based Social Simulation in Markets. Electronic Commerce Research 1, 149–158 (2001). https://doi.org/10.1023/A:1011531814366
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DOI: https://doi.org/10.1023/A:1011531814366