Time in discrete agent-based models of socio-economic systems

Nicola Botta (), Antoine Mandel and Cezar Ionescu ()
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Nicola Botta: PIK - Potsdam Institute for Climate Impact Research
Cezar Ionescu: PIK - Potsdam Institute for Climate Impact Research

Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL

Abstract: We formulate the problem of computing time in discrete dynamical agent-based models in the context of socio-economic modeling. For such formulation, we outline a simple solution. This requires minimal extensions of the original untimed model. The proposed solution relies on the notion of agent-specific schedules of action and on two modeling assumptions. These are fulfilled by most models of pratical interest. For models for which stronger assumptions can be made, we discuss alternative formulations.

Keywords: Agent-based models; time; Modèles multi-agents; temps (search for similar items in EconPapers)
Date: 2010-09
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00542250
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Published in 2010

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Related works:
Working Paper: Time in discrete agent-based models of socio-economic systems (2010)
Working Paper: Time in discrete agent-based models of socio-economic systems (2010)
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