EconPapers    
Economics at your fingertips  
 

We ran one billion agents. Scaling in simulation models

Ross Richardson (), Matteo Richiardi and Michael Wolfson

No 142, LABORatorio R. Revelli Working Papers Series from LABORatorio R. Revelli, Centre for Employment Studies

Abstract: We provide a clarification of scaling issues in simulation models, distinguishing between sample size determination, discovery of emergent properties involving a qualitative change in the behaviour of the system at an aggregate level, and ‘true’ scaling, the dependence of the quantitative behaviour of the system at any given level of aggregation, to its size. Scaling issues arise because we want to understand what happens when we run one billion agents, without actually having to run one billion agents. We discuss how we can use the Buckingham Pi theorem, a key tool in dimensional analysis, to provide guidance on the nature and structure of scaling relationships in agent-based models.

Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.laboratoriorevelli.it/_pdf/wp142.pdf (application/pdf)

Related works:
Working Paper: We ran one billion agents. Scaling in simulation models (2015) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cca:wplabo:142

Access Statistics for this paper

More papers in LABORatorio R. Revelli Working Papers Series from LABORatorio R. Revelli, Centre for Employment Studies Contact information at EDIRC.
Bibliographic data for series maintained by Giovanni Bert ().

 
Page updated 2025-04-03
Handle: RePEc:cca:wplabo:142