Agent-based Modeling and Simulation Charles M. Macal, Michael J. North. 2009 Winter Simulation Conference (WSC’09), December 13-16, Austin, TX, USA

Agent-based modeling and simulation (ABMS) is a new approach to modeling systems comprised of autonomous, interacting agents. Computational advances have made possible a growing number of agent-based models across a variety of application domains. Applications range from modeling agent behavior in the stock market, supply chains, and consumer markets, to predicting the spread of epidemics, mitigating the threat of bio-warfare, and understanding the factors that may be responsible for the fall of ancient civilizations. Such progress suggests the potential of ABMS to have far-reaching effects on the way that businesses use computers to support decision-making and researchers use agent-based models as electronic laboratories. Some contend that ABMS “is a third way of doing science” and could augment traditional deductive and inductive reasoning as discovery methods. This brief tutorial introduces agent-based modeling by describing the foundations of ABMS, discussing some illustrative applications, and addressing toolkits and methods for developing agent-based models.

Agent-based modeling and simulation

Figure 1: A typical agent

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