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| Content Provider | IEEE Xplore Digital Library | 
|---|---|
| Author | Macal, C.M. North, M.J. | 
| Copyright Year | 2009 | 
| Description | Author affiliation: Center for Complex Adaptive Systems Simulation, Decision & Information Sciences Division, Argonne National Laboratory, Argonne, IL 60439 USA (Macal, C.M.) || Center for Complex Adaptive Systems Simulation (CAS), Decision & Information Sciences Division, Argonne National Laboratory, Argonne, IL 60439 USA (North, M.J.) | 
| Abstract | Agent-based modeling and simulation (ABMS) is a new approach to modeling systems comprised of autonomous, interacting agents. Computational advances have made possible a growing number of agent-based models across a variety of application domains. Applications range from modeling agent behavior in the stock market, supply chains, and consumer markets, to predicting the spread of epidemics, mitigating the threat of bio-warfare, and understanding the factors that may be responsible for the fall of ancient civilizations. Such progress suggests the potential of ABMS to have far-reaching effects on the way that businesses use computers to support decision-making and researchers use agent-based models as electronic laboratories. Some contend that ABMS “is a third way of doing science” and could augment traditional deductive and inductive reasoning as discovery methods. This brief tutorial introduces agent-based modeling by describing the foundations of ABMS, discussing some illustrative applications, and addressing toolkits and methods for developing agent-based models. | 
| Starting Page | 86 | 
| Ending Page | 98 | 
| File Size | 845184 | 
| Page Count | 13 | 
| File Format | |
| ISBN | 9781424457700 | 
| e-ISBN | 9781424457717 | 
| DOI | 10.1109/WSC.2009.5429318 | 
| Language | English | 
| Publisher | Institute of Electrical and Electronics Engineers, Inc. (IEEE) | 
| Publisher Date | 2009-12-13 | 
| Publisher Place | USA | 
| Access Restriction | Subscribed | 
| Rights Holder | Institute of Electrical and Electronics Engineers, Inc. (IEEE) | 
| Subject Keyword | Power system modeling Laboratories Computational modeling Adaptive systems Application software Power system economics Power generation economics Environmental economics Predictive models Stock markets | 
| Content Type | Text | 
| Resource Type | Article | 
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