Wednesday, July 11, 2012

1207.2255 (Sven Banisch et al.)

Aggregation and Emergence in Agent-Based Models: A Markov Chain Approach    [PDF]

Sven Banisch, Ricardo Lima, Tanya Araújo
We analyze the dynamics of agent--based models (ABMs) from a Markovian perspective and derive explicit statements about the possibility of linking a microscopic agent model to the dynamical processes of macroscopic observables that are useful for a precise understanding of the model dynamics. In this way the dynamics of collective variables may be studied, and a description of macro dynamics as emergent properties of micro dynamics, in particular during transient times, is possible.
View original: http://arxiv.org/abs/1207.2255

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