Back to the future: agent-based modeling and dynamic microsimulation

Authors

Matteo Richiardi, Justin van de Ven, Patryk Bronka

Editors

  • Jenna Bednar
  • Eric Beinhocker
  • Maria del Rio-Chanona
  • J.Doyne Farmer
  • Jagoda Kaszowska-Mojsa
  • François Lafond
  • Penny Mealy
  • Marco Pangallo
  • Anton Pichler

Publication Date

Dec 2025

Summary

We look at the commonalities and differences between agent-based and dynamic microsimulation analytical approaches. Starting from a shared history, we discuss how the two literatures quickly diverged. Our discussion concludes with evidence of some recent convergence between agent-based and dynamic microsimulation methods and emerging opportunities for mutual reinforcement of the two methodologies.

Publication type

Book Chapter

Series Number

Ch. 7

Research areas

Family and gender, Health and wellbeing, Population changes and labour market dynamics, Tax and benefit systems

Links

https://www.sfipress.org/eecs-iv-07?rq=The%20Economy%20as%20an%20Evolving%20Complex%20System%20IV

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