DocumentCode
2019274
Title
Evaluating the stochastic properties of agent society from economics´ perspective
Author
Winoto, Pinata ; Tang, T.Y.
Author_Institution
Dept. of Econ., Hong Kong Univ. of Sci. & Technol., China
Volume
5
fYear
2001
fDate
2001
Firstpage
2905
Abstract
In this paper, we describe the evaluation methodology for the stochastic agent-based simulation. We discuss the cause and consequences of stochastic properties in agent society and provide two methods frequently used in evaluating uncertain prospects, i.e., mean variance and stochastic dominance. An agent-based simulation is used as our test-bed
Keywords
economic cybernetics; multi-agent systems; agent society; agent-based simulation; economics; mean variance; multi-agent systems; quantitative analysis; stochastic dominance; Aggregates; Analytical models; Computational modeling; Computer science; Computer simulation; Cost accounting; Multiagent systems; Stochastic processes; Stochastic systems; Testing;
fLanguage
English
Publisher
ieee
Conference_Titel
Systems, Man, and Cybernetics, 2001 IEEE International Conference on
Conference_Location
Tucson, AZ
ISSN
1062-922X
Print_ISBN
0-7803-7087-2
Type
conf
DOI
10.1109/ICSMC.2001.971951
Filename
971951
Link To Document