Validating and calibrating agent-based models: a case study

DOI10.1007/S10614-007-9097-ZMaRDI QIDQ2461667zbMATH OpenOpenAlexWikidataFDO

Authors Carlo Bianchi, Pasquale Cirillo, Mauro Gallegati, Pietro A. Vagliasindi

Publication date 21 November 2007

Published in Computational Economics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s10614-007-9097-z

zbMATH Keywords

agent-based modelscalibrationEVTindirect inferencesize distributiontail analysisvalidation

Mathematics Subject Classification ID

Economic growth models (91B62) Economic models of real-world systems (e.g., electricity markets, etc.) (91B74)

Recommendations

• A method for agent-based models validation
• A comparison of economic agent-based model calibration methods
• Validating simulation models: a general framework and four applied examples
• Agent-based model calibration using machine learning surrogates
• A calibration procedure for analyzing stock price dynamics in an agent-based framework

Cites work

• A global optimization heuristic for estimating agent based models
• BUSINESS CYCLE FLUCTUATIONS AND FIRMS' SIZE DISTRIBUTION DYNAMICS
• COMPLEX DYNAMICS AND FINANCIAL FRAGILITY IN AN AGENT-BASED MODEL
• Handbook of computational economics. Vol. 2: Agent-based computational economics
• scientific article; zbMATH DE number 5005865 (Why is no real title available?)
• scientific article; zbMATH DE number 3609402 (Why is no real title available?)
• scientific article; zbMATH DE number 1026574 (Why is no real title available?)
• scientific article; zbMATH DE number 1977285 (Why is no real title available?)
• Mathematical Statistics
• ON A CLASS OF SKEW DISTRIBUTION FUNCTIONS
• REDUCTION OF DISCRETE DYNAMICAL SYSTEMS OVER GRAPHS
• Statistical inference in micro-simulation models: Incorporating external information
• Statistical Size Distributions in Economics and Actuarial Sciences
• Sufficient Linear Structures: Econometric Applications
• The Pareto-Levy Law and the Distribution of Income
• Understanding the cubic and half-cubic laws of financial fluctuations
• Validating and calibrating agent-based models: a case study
• Weibull Models

Cited in

(9)

• Estimation of ergodic agent-based models by simulated minimum distance
• A method for agent-based models validation
• Direct comparison of agent-based models of herding in financial markets
• Agent-based model calibration using machine learning surrogates
• A calibration procedure for analyzing stock price dynamics in an agent-based framework
• Forecasting in a complex environment: machine learning sales expectations in a stock flow consistent agent-based simulation model
• A comparison of economic agent-based model calibration methods
• Validating and calibrating agent-based models: a case study
• Validating MAS simulation models with mutation

This page was built for publication: Validating and calibrating agent-based models: a case study

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2461667)