Foundations

Routing Summary

This topic covers the theoretical foundations of agent-based modeling. Contains 2 sub-topics and 5 total notes.

Sub-topics

  • Core Concepts — COVERS: ABM definition, agent properties, emergent phenomena, heterogeneity modeling
  • Modeling Approaches — COVERS: ABM vs differential equations, agent decision rules, bounded rationality, stochasticity

Cross-Cutting Concepts

Concepts that span both sub-topics:

Sources

  • abm_word_of_mouth — Bonabeau (2002), primary source for foundations
  • abm_consumer — Karakaya et al. (2011), decision model examples
  • abm_human_behaviour — Ben Said et al. (2002), threshold-based decisions