Agent Based Models and Complex Individuals: An Epistemological Analysis
In the relevant literature concerning Agent Based Models (ABMs), there seems to be agreement that they may replace the rational agent model of neoclassical economics. The question is whether this new, realistic, and complex model requires an equally complex concept of the individual. We propose the...
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Format: | Article |
Language: | English |
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Association Œconomia
2001-06-01
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Series: | Œconomia |
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Online Access: | http://journals.openedition.org/oeconomia/8173 |
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author | Solange Regina Marin Brena Paula M. Fernande Daniel de S. Vasconcelos |
author_facet | Solange Regina Marin Brena Paula M. Fernande Daniel de S. Vasconcelos |
author_sort | Solange Regina Marin |
collection | DOAJ |
description | In the relevant literature concerning Agent Based Models (ABMs), there seems to be agreement that they may replace the rational agent model of neoclassical economics. The question is whether this new, realistic, and complex model requires an equally complex concept of the individual. We propose the application of three major concepts in the epistemology of social sciences to advance the discussion of the concept of the complex individual, namely: i) Popper’s situational analysis; ii) Simon’s bounded rationality; and iii) Myrdal’s concept of circular cumulative causation. We argument that these are promising starting points for an analysis of human behavior, complex individuals and ABMs. |
first_indexed | 2024-12-10T14:02:33Z |
format | Article |
id | doaj.art-f2749ca2698e4d1999c8b76311bf7d24 |
institution | Directory Open Access Journal |
issn | 2113-5207 |
language | English |
last_indexed | 2024-12-10T14:02:33Z |
publishDate | 2001-06-01 |
publisher | Association Œconomia |
record_format | Article |
series | Œconomia |
spelling | doaj.art-f2749ca2698e4d1999c8b76311bf7d242022-12-22T01:45:45ZengAssociation ŒconomiaŒconomia2113-52072001-06-0100Agent Based Models and Complex Individuals: An Epistemological AnalysisSolange Regina MarinBrena Paula M. FernandeDaniel de S. VasconcelosIn the relevant literature concerning Agent Based Models (ABMs), there seems to be agreement that they may replace the rational agent model of neoclassical economics. The question is whether this new, realistic, and complex model requires an equally complex concept of the individual. We propose the application of three major concepts in the epistemology of social sciences to advance the discussion of the concept of the complex individual, namely: i) Popper’s situational analysis; ii) Simon’s bounded rationality; and iii) Myrdal’s concept of circular cumulative causation. We argument that these are promising starting points for an analysis of human behavior, complex individuals and ABMs.http://journals.openedition.org/oeconomia/8173agent-based modelingepistemologysituational analysisPopper (Karl R.)circular cumulative causationMyrdal (Gunnar) |
spellingShingle | Solange Regina Marin Brena Paula M. Fernande Daniel de S. Vasconcelos Agent Based Models and Complex Individuals: An Epistemological Analysis Œconomia agent-based modeling epistemology situational analysis Popper (Karl R.) circular cumulative causation Myrdal (Gunnar) |
title | Agent Based Models and Complex Individuals: An Epistemological Analysis |
title_full | Agent Based Models and Complex Individuals: An Epistemological Analysis |
title_fullStr | Agent Based Models and Complex Individuals: An Epistemological Analysis |
title_full_unstemmed | Agent Based Models and Complex Individuals: An Epistemological Analysis |
title_short | Agent Based Models and Complex Individuals: An Epistemological Analysis |
title_sort | agent based models and complex individuals an epistemological analysis |
topic | agent-based modeling epistemology situational analysis Popper (Karl R.) circular cumulative causation Myrdal (Gunnar) |
url | http://journals.openedition.org/oeconomia/8173 |
work_keys_str_mv | AT solangereginamarin agentbasedmodelsandcomplexindividualsanepistemologicalanalysis AT brenapaulamfernande agentbasedmodelsandcomplexindividualsanepistemologicalanalysis AT danieldesvasconcelos agentbasedmodelsandcomplexindividualsanepistemologicalanalysis |