ABMs are widely used in a variety of disciplines to simulate dynamical behaviors of systems made of a large number of entities, such as traders’ behaviors in a market (in economics), migration of peop...ABMs are widely used in a variety of disciplines to simulate dynamical behaviors of systems made of a large number of entities, such as traders’ behaviors in a market (in economics), migration of people (in social sciences), interaction among employees and their performance improvement (in organizational science), flocking/schooling behavior of birds/fish (in behavioral ecology), cell growth and morphogenesis (in developmental biology), and collective behavior of granular materials (in physics).
At last, we have reached the very final chapter, on agent-based models (ABMs). ABMs are arguably the most generalized framework for modeling and simulation of complex systems, which actually include bo...At last, we have reached the very final chapter, on agent-based models (ABMs). ABMs are arguably the most generalized framework for modeling and simulation of complex systems, which actually include both cellular automata and dynamical networks as special cases.
