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Annual review of political science (Palo Alto, Calif. Print)
The most pronounced impact of agent based modeling on economics may be that it enlarges the set of questions we can explore. (Anderson, Arrow, Pines 1988 , Arthur, Durlauf, Lane 1997 . Agent based modeling allows us to consider richer environments with greater fidelity than do existing techniques (Tesfatsion 1997) . This increased fidelity results from the inductive nature of the modeling enterprise. When constructing an agent based model, we are constrained only by our imagination anddoi:10.1146/annurev-polisci-080812-191558 fatcat:mxwyihzap5hj5beregqfkneffy