Agent-Based Modeling

Published

Book Section

© The several contributors 2008. All rights reserved. This article provides a discussion on agent-based modeling. Two examples that show the ability of computational methods to extend game-theoretic results are presented. It then discusses modeling agents, modeling agent interactions, and system behaviour. In addition, it describes how agent-based models differ from and complement mathematical models and concludes with some suggestions for how one might best leverage the strengths of agent-based models to advance political science. Most mathematical analyses of game-theoretic models do not look into the stability and attainability of their equilibria and would be made richer by complementing them with agent-based models that explored those properties. The ability of computational models to test the robustness of formal results would be reason alone to add them to tool kits. As a methodology, agent-based modeling should be considered as in its infancy, its enormous potential limited only by the scientific and creative talents of its practitioners.

Full Text

Duke Authors

Cited Authors

  • de Marchi, S; Page, SE

Published Date

  • August 21, 2008

Book Title

  • The Oxford Handbook of Political Methodology

International Standard Book Number 13 (ISBN-13)

  • 9780199286546

Digital Object Identifier (DOI)

  • 10.1093/oxfordhb/9780199286546.003.0004

Citation Source

  • Scopus