Back to the future: agent-based modeling and dynamic microsimulation

Publication type

Book Chapter

Series Number

CCh. 7

Series

The economy as an evolving complex system IV

Authors

Editors

Publication date

December 16, 2025

Summary:

We look at the commonalities and differences between agent-based and dynamic microsimulation analytical approaches. Starting from a shared history, we discuss how the two literatures quickly diverged. Our discussion concludes with evidence of some recent convergence between agent-based and dynamic microsimulation methods and emerging opportunities for mutual reinforcement of the two methodologies.

Subjects

#588870

---

Related Publications

• Back to the future: agent-based modelling and dynamic microsimulation

  1. Matteo Richiardi
  2. Justin van de Ven

  CeMPA Working Paper Series
  December 1, 2023