Comparative analysis of agent-based and population-based modelling in epidemics and economics1

• DOI: 10.3233/mgs-2012-0193
• Publication Date: 2016-04-27T11:39:57Z
• Authors: Tibor Bosse; S.Waqar Jaffry; Ghazanfar F. Sidd...; Jan Treur
• Keywords: SDG 3 - Good Health and Well-being; 0202 electrical engineering, electronic engineering, information engineering; 02 engineering and technology

This paper addresses comparative evaluation of population-based simulation in comparison to agent-based for different numbers agents. Population-based simulation, such as example the classical approaches predator-prey modelling and epidemics, has computational advantages over with large Therefore latter can be considered useful only when results are expected deviate from more realistic. However, there is sometimes also a silent assumption that larger agents, simulations approximate simulations, which would indicate just replaced by simulation. The evaluates assumptions two detailed case studies: one economical context. former study spread an infectious disease population. interplay between individual greed psychological concept global concepts. It shown under certain conditions may show similar results, but not always.