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, ...

This course focuses on the exploration, construction and analysis of multi-agent models. Sample models from a variety of content domains are explored and analyzed. Spatial and network topologies are ...

The future of modeling in public choice may be glimpsed by examining its evolution in economics. For problems that are influenced by heterogeneity of actors, social networks, or emergence—the arising ...

A thorough analysis of risks in the banking system requires incorporating banks’ inherent heterogeneity and adaptive behavior in response to shocks and changes in business conditions and the ...

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 ...