Chapter 22 Simulation Modeling as a Policy Tool
This chapter describes, justifies, presents the pros and cons of and illustrates the use of simulation modeling as a handy, cost-effective and agile tool for policymakers. Simulation modeling is flexible enough to accommodate different levels of detail, precision and time frameworks. It also serves...
Spremljeno u:
Glavni autor: | |
---|---|
Format: | Elektronički Poglavlje knjige |
Jezik: | engleski |
Izdano: |
Taylor & Francis
2023
|
Teme: | |
Online pristup: | DOAB: download the publication DOAB: description of the publication |
Oznake: |
Dodaj oznaku
Bez oznaka, Budi prvi tko označuje ovaj zapis!
|
Sažetak: | This chapter describes, justifies, presents the pros and cons of and illustrates the use of simulation modeling as a handy, cost-effective and agile tool for policymakers. Simulation modeling is flexible enough to accommodate different levels of detail, precision and time frameworks. It also serves the purpose of a concrete communication platform that facilitates scenario analysis, what-if alternatives and forward looking. We specifically define agent-based modeling within the larger simulation domain, provide a brief overview of other computation modeling methodologies and discuss the concepts of multiple models, verification, validation and calibration. The conceptual framework section closes with a discussion of advantages and disadvantages of using simulation modeling for policy at various stages of implementation. Finally, we present a panorama of actual applications of simulation modeling in policy, with an emphasis on economic analysis. |
---|---|
Opis fizičkog objekta: | 1 electronic resource (12 p.) |
ISBN: | 9781003163954-27 9780367757748 9780367757809 |
Pristup: | Open Access |