This chapter surveys work dedicated to macroeconomic analysis using an agent-based
modeling approach. After a short review of the origins and general characteristics of this …

Climate change is one of the most daunting challenges human kind has ever faced. In the
paper, we provide a survey of the micro and macro economics of climate change from a …

Efficiently calibrating agent-based models (ABMs) to real data is an open challenge. This
paper explicitly tackles parameter space exploration and calibration of ABMs by combining …

Abstract The Great Recession seems to be a natural experiment for economic analysis, in
that it has shown the inadequacy of the predominant theoretical framework-the New …

Since the survey by Windrum et al.(Journal of Artificial Societies and Social Simulation 10: 8,
2007), research on empirical validation of agent-based models in economics has made …

This work nests the Agent-Based macroeconomic perspective into the earlier history of
macroeconomics. We discuss how the discipline in the 70's took a perverse path relying on …

Despite reaching a point of acceptance as a research tool across the geographical and
social sciences, there remain significant methodological challenges for agent‐based …

There has so far been no shared understanding of validity in agent-based simulation. We
here conceptualise validation as systematically substantiating the premises on which …

In this review we discuss advances in the agent-based modeling of economic and social
systems. We show the state of the art of the heuristic design of agents and how behavioral …

Despite significant expansion in recent years, the literature on quantitative and data-driven
approaches to economic agent-based model validation and calibration consists primarily of …