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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 ...
This paper explores the basic elements of Agent-Based Models and the implications of this simulation approach for public administration research. The general principles of agent-based modeling are ...
Many agent-based integrated urban models have been developed to investigate urban issues, considering the dynamics and feedbacks in complex urban systems. The lack of disaggregate data, however, has ...