Agent-based modelling and economic complexity: a diversified perspective
Purpose The term “agent-based modelling” (ABM) is a buzzword which is widely used in the scientific literature even though it refers to a variety of methodologies implemented in different disciplinary contexts. The numerous works dealing with ABM require a clarification to better under...
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University of Economics Ho Chi Minh City
2023
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| Truy cập trực tuyến: | https://www.emerald.com/insight/content/doi/10.1108/JABES-12-2018-0108/full/html http://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/115578 |
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oai:scholar.dlu.edu.vn:DLU123456789-1155782023-03-08T04:10:12Z Agent-based modelling and economic complexity: a diversified perspective Schinckus, Christophe Purpose The term “agent-based modelling” (ABM) is a buzzword which is widely used in the scientific literature even though it refers to a variety of methodologies implemented in different disciplinary contexts. The numerous works dealing with ABM require a clarification to better understand the lines of thinking paved by this approach in economics. All modelling tasks are a means and a source of knowledge, and this epistemic function can vary depending on the methodology. this paper is to present four major ways (deductive, abductive, metaphorical and phenomenological) of implementing an agent-based framework to describe economic systems. ABM generates numerous debates in economics and opens the room for epistemological questions about the micro-foundations of macroeconomics; before dealing with this issue, the purpose of this paper is to identify the kind of ABM the author can find in economics. Design/methodology/approach The profusion of works dealing with ABM requires a clarification to understand better the lines of thinking paved by this approach in economics. This paper offers a conceptual classification outlining the major trends of ABM in economics. Findings There are four categories of ABM in economics. Originality/value This paper suggests a methodological categorization of ABM works in economics. 2023-03-08T04:10:12Z 2023-03-08T04:10:12Z 2019 Article 2515-964X https://www.emerald.com/insight/content/doi/10.1108/JABES-12-2018-0108/full/html http://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/115578 10.1108/JABES-12-2018-0108 en Journal of Asian Business and Economic Studies, Volume 26, Issue 2; p. 170-188 application/pdf University of Economics Ho Chi Minh City |
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Thư viện Trường Đại học Đà Lạt |
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Thư viện số |
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English |
| description |
Purpose The term “agent-based modelling” (ABM) is a buzzword which is widely used in the scientific literature even though it refers to a variety of methodologies implemented in different disciplinary contexts. The numerous works dealing with ABM require a clarification to better understand the lines of thinking paved by this approach in economics. All modelling tasks are a means and a source of knowledge, and this epistemic function can vary depending on the methodology. this paper is to present four major ways (deductive, abductive, metaphorical and phenomenological) of implementing an agent-based framework to describe economic systems. ABM generates numerous debates in economics and opens the room for epistemological questions about the micro-foundations of macroeconomics; before dealing with this issue, the purpose of this paper is to identify the kind of ABM the author can find in economics. Design/methodology/approach The profusion of works dealing with ABM requires a clarification to understand better the lines of thinking paved by this approach in economics. This paper offers a conceptual classification outlining the major trends of ABM in economics. Findings There are four categories of ABM in economics. Originality/value This paper suggests a methodological categorization of ABM works in economics. |
| format |
Article |
| author |
Schinckus, Christophe |
| spellingShingle |
Schinckus, Christophe Agent-based modelling and economic complexity: a diversified perspective |
| author_facet |
Schinckus, Christophe |
| author_sort |
Schinckus, Christophe |
| title |
Agent-based modelling and economic complexity: a diversified perspective |
| title_short |
Agent-based modelling and economic complexity: a diversified perspective |
| title_full |
Agent-based modelling and economic complexity: a diversified perspective |
| title_fullStr |
Agent-based modelling and economic complexity: a diversified perspective |
| title_full_unstemmed |
Agent-based modelling and economic complexity: a diversified perspective |
| title_sort |
agent-based modelling and economic complexity: a diversified perspective |
| publisher |
University of Economics Ho Chi Minh City |
| publishDate |
2023 |
| url |
https://www.emerald.com/insight/content/doi/10.1108/JABES-12-2018-0108/full/html http://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/115578 |
| _version_ |
1765278528495943680 |