Validation of Agent-Based Modeling: Case Study for a Synthetic Labor Market
Authors
Chatuvedi, Alok
Dolk, Daniel
Kridel, Donald
Subjects
Advisors
Date of Issue
2006
Date
Publisher
WDSI
Language
Abstract
Agent-based modeling (ABM) has enjoyed rapid growth in the past decade, especially with respect to the development of virtual environments such as computational organizations [1], synthetic economies [5], and social networks [7] [2]. One of the challenges with agent-based systems is model validation. Since these agent-based environments often consider scenarios of “what might be” or “what should be” in addition to “what is”, and since the system phenomena “emerge” from numerous nonlinear interactions of agents with their environment and with each other, it is sometimes difficult to determine the validity of the underlying ABM. We use the methodology of docking to compare an ABM with a discrete choice model to see whether they yield similar results.
Type
Conference Paper
Description
Presented at Western Decision Sciences Institute (WDSI 2006) conference
Series/Report No
Department
Organization
Naval Postgraduate School (U.S.)
Identifiers
NPS Report Number
Sponsors
Funder
Format
4 p.
Citation
Distribution Statement
Rights
This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.