Working paper CeMPA Working Paper Series

Back to the future: Agent-based modelling and dynamic microsimulation

Publication details

Series
CeMPA Working Paper Series
Series number
CEMPA8/23
Publication date

Abstract

In this chapter we focus on the commonalities and differences between agent-based and dynamic microsimulation analytical approaches. Starting from a shared history, we discuss how the two literatures quickly diverged. Discussion concludes with evidence of some recent convergence between agent-based and dynamic microsimulation methods, and emerging opportunities for mutual reinforcement of the two methodologies.