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_AU
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_AU
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_AU
dc.language.iso	en_AU	en_AU
dc.relation.ispartofseries	ABM Wednesday Colloquium	en_AU
dc.relation.ispartofseries	2	en_AU
dc.subject	Agent	en_AU
dc.subject	Modelling	en_AU
dc.subject	Assumptions	en_AU
dc.subject	NetLogo	en_AU
dc.subject	Verification	en_AU
dc.subject	Validation	en_AU
dc.subject	Marketing	en_AU
dc.subject	Complexity	en_AU
dc.subject	Simulation	en_AU
dc.subject	System	en_AU
dc.subject	Strategic Interaction	en_AU
dc.subject	State Similarity Measure	en_AU
dc.title	Choosing the Right Model	en_AU
dc.type	Presentation	en_AU
dc.contributor.department	University of Sydney Business School	en_AU