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SIMULATIONS, THEORY AND EXPERIMENTS. NOTES FROM AN HISTORICAL PERSPECTIVE

Marco Novarese ()

Chapter 3 in Industry and Labor Dynamics:The Agent-Based Computational Economics Approach, 2004, pp 22-42 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThis paper aims at presenting the methodological approach to simulations, proposed at the beginning of the sixties by a group of scholars of the Carnegie Mellon University. This approach can be defined cognitive and behavioural, because of the attention to real perception and decision-making and to the role assigned to learning processes. One of the main points of departure is constituted by the wish to relay on more realistic assumptions, as a condition for better an understanding and forecast of the reality. Simulations are seen as the most important, even if not unique, way to model the resulting complexity.

Keywords: Simulation; Agent-Based; Computational Economics; Labor; Industrial Dynamics; Innovation; Cluster; Firm Behavior (search for similar items in EconPapers)
JEL-codes: B21 B22 G34 D23 O47 (search for similar items in EconPapers)
Date: 2004
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Working Paper: Simulations, theory, and experiments. Notes from an Historical Perspective (2004) Downloads
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