Types of microsimulation | global economics
As noted by Janssen, Wimmer, and Deljoo (2015), microsimulation has a macro focus and low complexity while having an agent-based modeling with a behavioral focus that often relies on national rules. Janssen, Wimmer, and Deljoo (2015) mentions the following types of microsimulations: 1) Elaborate on each type of microsimulation. 2) Provide at least one example for types of microsimulation. a) Arithmetical microsimulation, b) Behavioral […]
