Agent-based models under uncertainty [version 3; peer review: 1 approved, 2 approved with reservations]

Background Monte Carlo (MC) is often used when trying to assess the consequences of uncertainty in agent-based models (ABMs). However, this approach is not appropriate when the uncertainty is epistemic rather than aleatory, that is, when it represents a lack of knowledge rather than variation. The f...

Full description

Bibliographic Details
Main Authors: Scott Ferson, Vladimir Stepanov
Format: Article
Language:English
Published: F1000 Research Ltd 2024-03-01
Series:F1000Research
Subjects:
Online Access:https://f1000research.com/articles/12-834/v3