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International Journal of Latest Research in Science and Technology

DOI:10.29111/ijlrst   ISRA Impact Factor:3.35

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UNDERSTANDING COMPLEXITY IN ECONOMIC SYSTEMS WITH AGENT BASED MODELING

Research Paper Open Access

International Journal of Latest Research in Science and Technology Vol.4 Issue 3, pp 28-31,Year 2015

UNDERSTANDING COMPLEXITY IN ECONOMIC SYSTEMS WITH AGENT BASED MODELING

Nawfal Naciri, Mohamed Tkiouat

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Received : 11 June 2015; Accepted : 22 June 2015 ; Published : 30 June 2015

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Abstract

The science of complexity contains a plethora of models and ideas through which we can interpret and understand the world around us. Thus, we keep an eye on reality throughout, touching on the practical benefits of gaining an understanding of complex systems. Agent based modeling is a methodology that has been driving a lot of research in complex systems. In this work, we present how agent-based models enable us to explore and understand complexity in economic systems.

Key Words   
Understanding Complexity; Emergence; self-organization; Agent based modeling; multi-agent simulation

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References
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To cite this article

Nawfal Naciri, Mohamed Tkiouat , " Understanding Complexity In Economic Systems With Agent Based Modeling ", International Journal of Latest Research in Science and Technology . Vol. 4, Issue 3, pp 28-31 , 2015

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