IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Log in (now much improved!) to save this article

Alternative Approaches to the Empirical Validation of Agent-Based Models

This paper draws on the metaphor of a spectrum of models ranging from the most theory-driven to the most evidence-driven. The issue of concern is the practice and criteria that will be appro- priate to validation of different models. In order to address this concern, two modelling approaches are investigated in some detailed – one from each end of our metaphorical spectrum. Windrum et al. (2007) (http://jasss.soc.surrey.ac.uk/10/2/8.html) claimed strong similarities between agent based social simulation and conventional social science – specifically econometric – approaches to empirical modelling and on that basis considered how econometric validation techniques might be used in empirical social simulations more broadly. An alternative is the approach of the French school of 'companion modelling' associated with Bousquet, Barreteau, Le Page and others which engages stakeholders in the modelling and validation process. The conventional approach is con- strained by prior theory and the French school approach by evidence. In this sense they are at opposite ends of the theory-evidence spectrum. The problems for validation identified by Windrum et al. are shown to be irrelevant to companion modelling which readily incorporate complexity due to realistically descriptive specifications of individual behaviour and social interaction. The result combines the precision of formal approaches with the richness of narrative scenarios. Companion modelling is therefore found to be practicable and to achieve what is claimed for it and this alone is a key difference from conventional social science including agent based computational economics.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://jasss.soc.surrey.ac.uk/11/1/5/5.pdf
Download Restriction: no

Article provided by Journal of Artificial Societies and Social Simulation in its journal Journal of Artificial Societies and Social Simulation.

Volume (Year): 11 (2007)
Issue (Month): 1 ()
Pages: 5

as
in new window

Handle: RePEc:jas:jasssj:2007-61-2
Contact details of provider:

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

as in new window
  1. Bollerslev, Tim, 1986. "Generalized autoregressive conditional heteroskedasticity," Journal of Econometrics, Elsevier, vol. 31(3), pages 307-327, April.
  2. Kun Chang Lee & Namho Lee, 2007. "CARDS: Case-Based Reasoning Decision Support Mechanism for Multi-Agent Negotiation in Mobile Commerce," Journal of Artificial Societies and Social Simulation, Journal of Artificial Societies and Social Simulation, vol. 10(2), pages 4.
  3. Gary J. Polhill & Edoardo Pignotti & Nicholas M. Gotts & Pete Edwards & Alun Preece, 2007. "A Semantic Grid Service for Experimentation with an Agent-Based Model of Land-Use Change," Journal of Artificial Societies and Social Simulation, Journal of Artificial Societies and Social Simulation, vol. 10(2), pages 2.
  4. Arvid Oskar Ivar Hoffmann & Wander Jager & J. H. Von Eije, 2007. "Social Simulation of Stock Markets: Taking It to the Next Level," Journal of Artificial Societies and Social Simulation, Journal of Artificial Societies and Social Simulation, vol. 10(2), pages 7.
  5. Thorsten Chmura & Thomas Pitz, 2007. "An Extended Reinforcement Algorithm for Estimation of Human Behaviour in Experimental Congestion Games," Journal of Artificial Societies and Social Simulation, Journal of Artificial Societies and Social Simulation, vol. 10(2), pages 1.
  6. Malerba, Franco, et al, 1999. "'History-Friendly' Models of Industry Evolution: The Computer Industry," Industrial and Corporate Change, Oxford University Press, vol. 8(1), pages 3-40, March.
  7. Mayer, Thomas, 1975. "Selecting Economic Hypotheses by Goodness of Fit," Economic Journal, Royal Economic Society, vol. 85(340), pages 877-83, December.
  8. Clements, Michael P & Hendry, David F, 1996. "Intercept Corrections and Structural Change," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 11(5), pages 475-94, Sept.-Oct.
  9. Guillaume Deffuant, 2006. "Comparing Extremism Propagation Patterns in Continuous Opinion Models," Journal of Artificial Societies and Social Simulation, Journal of Artificial Societies and Social Simulation, vol. 9(3), pages 8.
  10. Gilbert Peffer & Barbara Llacay, 2007. "Higher-Order Simulations: Strategic Investment Under Model-Induced Price Patterns," Journal of Artificial Societies and Social Simulation, Journal of Artificial Societies and Social Simulation, vol. 10(2), pages 6.
  11. Eugene F. Fama, 1963. "Mandelbrot and the Stable Paretian Hypothesis," The Journal of Business, University of Chicago Press, vol. 36, pages 420.
  12. Olivier Barreteau & François Bousquet & Jean-Marie Attonaty, 2001. "Role-Playing Games for Opening the Black Box of Multi-Agent Systems: Method and Lessons of Its Application to Senegal River Valley Irrigated Systems," Journal of Artificial Societies and Social Simulation, Journal of Artificial Societies and Social Simulation, vol. 4(2), pages 5.
  13. Engle, Robert F, 1982. "Autoregressive Conditional Heteroscedasticity with Estimates of the Variance of United Kingdom Inflation," Econometrica, Econometric Society, vol. 50(4), pages 987-1007, July.
  14. Wim Westera, 2007. "Peer-Allocated Instant Response (PAIR): Computational Allocation of Peer Tutors in Learning Communities," Journal of Artificial Societies and Social Simulation, Journal of Artificial Societies and Social Simulation, vol. 10(2), pages 5.
Full references (including those not matched with items on IDEAS)

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:jas:jasssj:2007-61-2. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Flaminio Squazzoni)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.