Chapter 22 Simulation Modeling as a Policy Tool

• Auteur principal: Furtado, Bernardo Alves (auth)
• Format: Électronique Chapitre de livre
• Langue: anglais
• Publié: Taylor & Francis 2023
• Sujets: Politics & government; Central government policies; Comparative politics; Public administration; public administration; policy; future research directions; policy analysis; policy tools; public administration; public management; policymaking; public policy
• Accès en ligne: DOAB: download the publication; DOAB: description of the publication

Résumé

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.

Description matérielle

1 electronic resource (12 p.)

ISBN

9781003163954-27
9780367757748
9780367757809

Accès

Open Access