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Validation and Functional Complexity

Name: Validation and Functional Complexity
Creator: Robert E. Marks
Keywords: 0106 biological sciences, jel:C63, jel:C52, 0502 economics and business, 05 social sciences, validation of simulation models, agent-based simulations, functional complexity, 01 natural sciences

descriptionPublicationkeyboard_double_arrow_right Article , Other literature type , Preprint 01 Jan 2013 English Publisher:Elsevier BVJournal:SSRN Electronic Journal (eissn: 1556-5068,

Authors: Robert E. Marks;

doi: 10.2139/ssrn.2342868

Validation and Functional Complexity

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Abstract

This paper provides a framework for discussing the validity of computer simulation models of market phenomena. It defines functional complexity and derives measures of this for a well known agent-based simulation model and suggests methods to overcome the obstacle of complexity in validating such models.

Related Organizations

UNSW Sydney
Australia

Keywords

validation of simulation models, agent-based simulations, functional complexity, jel: jel:C63, jel: jel:C52

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GOTRIPLE - Social Sciences and Humanities Discovery service