Validation in agent-based models: an investigation on the CATS model
Abstract: In this paper we deal with some validation experiments on the complex adaptive trivial system (CATS) model proposed in Gallegati et al. [Gallegati, M., Giulioni, G., Palestrini, A., Delli Gatti, D., 2003a. Financial fragility, patterns of firms’ entry and exit and aggregate dynamics. Journal of Economic Behavior and Organization 51, 79–97; Gallegati, M., Delli Gatti, D., Di Guilmi, C., Gaffeo, E., Giulioni, G., Palestrini, A., 2005. A new approach to business fluctuations: heterogeneous interacting agents, scaling laws and financial fragility. Journal of Economic Behavior and Organization 56, 489–512]. In particular starting from a sample of Italian firms included in the AIDA database, we perform several ex post validation experiments over the simulation period 1996–2001. In the experiments, the model parameters have been estimated using actual data and the initial set up consists of a sample of agents in 1996. The CATS model is then simulated over the period 1996–2001. Using alter
- Standort
-
Deutsche Nationalbibliothek Frankfurt am Main
- Umfang
-
Online-Ressource
- Sprache
-
Englisch
- Anmerkungen
-
Postprint
begutachtet (peer reviewed)
In: Journal of Economic Behavior & Organization ; 67 (2008) 3-4 ; 947-964
- Ereignis
-
Veröffentlichung
- (wo)
-
Mannheim
- (wann)
-
2008
- Urheber
-
Bianchi, Carlo
Cirillo, Pasquale
Gallegati, Mauro
Vagliasindi, Pietro A.
- DOI
-
10.1016/j.jebo.2007.08.008
- URN
-
urn:nbn:de:0168-ssoar-263098
- Rechteinformation
-
Open Access unbekannt; Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
- Letzte Aktualisierung
-
14.08.2025, 10:55 MESZ
Datenpartner
Deutsche Nationalbibliothek. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Beteiligte
- Bianchi, Carlo
- Cirillo, Pasquale
- Gallegati, Mauro
- Vagliasindi, Pietro A.
Entstanden
- 2008
Ähnliche Objekte (12)
Validation in agent-based models: an investigation on the CATS model
A method for agent-based models validation
Validation of agent-based models in economics and finance
Empirical validation of agent-based models: A critical survey
An empirical validation protocol for large-scale agent-based models
An empirical validation protocol for large-scale agent-based models
Agent-based models of organizations
Agent-based models and data assimilation
Agent-based macroeconomics - a baseline model
Agent-based models in cellular systems
Agent-based models for financial markets
An agent-based stochastic volatility model
Validation in agent-based models: an investigation on the CATS model
A method for agent-based models validation
Validation of agent-based models in economics and finance
Empirical validation of agent-based models: A critical survey
An empirical validation protocol for large-scale agent-based models
An empirical validation protocol for large-scale agent-based models
Agent-based models of organizations
Agent-based models and data assimilation
Agent-based macroeconomics - a baseline model
Agent-based models in cellular systems
Agent-based models for financial markets
An agent-based stochastic volatility model
Validation in agent-based models: an investigation on the CATS model
A method for agent-based models validation
Validation of agent-based models in economics and finance
Empirical validation of agent-based models: A critical survey
An empirical validation protocol for large-scale agent-based models
An empirical validation protocol for large-scale agent-based models
Agent-based models of organizations
Agent-based models and data assimilation
Agent-based macroeconomics - a baseline model
Agent-based models in cellular systems
Agent-based models for financial markets