From Complexity to Agent Modelling and Back Again - Bruce Edmonds

3 The effects of modelling by agents on complexity

For us modellers of these agents, there is the difficulty of capturing an agent's (or population of agent's) resulting behaviour. I will call this the "behavioural complexity", which I define as:

The difficulty of finding a model of the overall population's agents behaviour given knowledge of the setup, algorithms and structure of each agent.

The need to include more about the process of modelling by agents in our models of them increases the behavioural complexity of such agents.

3.1 - Ignoring the process of modelling by economic agents
3.2 - Including the process of modelling by economic agents

From Complexity to Agent Modelling and Back Again - Bruce Edmonds - 15 MAY 97

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