research

A Markov chain approach to ABM calibration

Abstract

Agent based model are nowadays widely used, however the lack of general methods and rules for their calibration still prevent to exploit completely their potentiality. Rarely such a kind of models can be studied analytically, more often they are studied by using simulation. Reference [1] show that many computer simulation models, like ABM, can be represented as Markov Chains. Exploting such an idea we illustrate an example of how to calibrate an ABM when it can be revisited as a Markov chain

    Similar works