Choosing the Right Model

Marks, Robert

Access status:

Open Access

Field	Value	Language
dc.contributor.author	Marks, Robert
dc.date.accessioned	2011-07-27
dc.date.available	2011-07-27
dc.date.issued	2011-07-06
dc.identifier.uri	http://hdl.handle.net/2123/7732
dc.description	Presentation by Professor Robert Marks from the University of Melbourne and the Australian Graduate School of Management (UNSW) at the Agent-Based Modelling Intensive Course Wednesday Colloquium, held at The University of Sydney Business School in July 2011. This presentation discusses the assumptions that are a part of agent-based models and what this means for model validation, with examples from his own work.	en
dc.description.abstract	Building Agent-Based Models requires assumptions (as does building any model).The advantage of ABM is the assumptions can be realistic, rather than made in order to solve a calculus-based problem. But what does "realistic" mean? I shall outline the issues of verification of a model (is it working as the modeller wants?) and validation of a model (how close is the model behaviour to some measures of reality?), after talking about the general issue of choosing models.	en
dc.description.sponsorship	Australian Research Council DP0881799 IF Wilkinson, RE Marks and LC Young; Discipline of Marketing, The University of Sydney Business School; The University of Sydney Business School; Australia New Zealand Marketing Academy; School of Marketing, University of Western Sydney; Discipline of Marketing, The University of Western Australia Business School	en
dc.language.iso	en_AU	en
dc.relation.ispartofseries	ABM Wednesday Colloquium	en
dc.rights	Other	en
dc.subject	Agent	en
dc.subject	Modelling	en
dc.subject	Assumptions	en
dc.subject	NetLogo	en
dc.subject	Verification	en
dc.subject	Validation	en
dc.subject	Marketing	en
dc.subject	Complexity	en
dc.subject	Simulation	en
dc.subject	System	en
dc.subject	Strategic Interaction	en
dc.subject	State Similarity Measure	en
dc.title	Choosing the Right Model	en
dc.type	Presentation	en
usyd.faculty	University of Sydney Business School, Discipline of Marketing
usyd.citation.volume	2
usyd.citation.issue	2	en