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Are Agent-Based Models the Future of Macroeconomics?

A couple months back, Mark Buchannan wrote an article in which he argued that ABMs might be a productive way of trying to understand the economy.  In fact, he went a bit further – he said that ABMs…

Source: orderstatistic.wordpress.com

Been a while since we published anything on economics but with over 20 years experience building agent based models – we are suckers for articles that encourage people to discover them as thinking tools. Good explanation on how agent based models fit into economic forecasting.

See on Scoop.itComplex Insight – Understanding our world


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