Definition
1. Class of computational models for simulating the actions and interactions of autonomous agents (both individual or collective entities such as organizations or groups) with a view to assessing their effects on the system as a whole
2. Combines elements of game theory, complex systems, emergence, computational sociology, multi-agent systems, and evolutionary programming (BM)
3. Used in the energy industry to replicate the behaviour of the market participants at the electricty market.
Abbreviation
Synonyms
Superterms
Modelling approach, Simulation
Subterms
Sources
https://en.wikipedia.org/wiki/Agent-based_model; https://www.enargus.de/pub/bscw.cgi/d3447334-2/*/*/Agentenbasierte%20Simulation.html?op=Wiki.getwiki&search=Bottom-Up-Modell
