Abstract
System dynamics models are usually used to investigate aggregate level behavior, but these models can be decomposed into agents that have more detailed individual behaviors. Here we develop a simple model of the STEM workforce to illuminate the impacts that arise from the disaggregation and refinement of system dynamics models via agent-based modeling. Particularly, alteration of Poisson assumptions, adding heterogeneity to decision-making processes of agents, and discrete-time formulation are investigated and their impacts are illustrated. The goal is to demonstrate both the promise and danger of agent-based modeling in the context of a relatively simple model and to delineate the importance of modeling decisions that are often overlooked.
| Original language | English |
|---|---|
| Pages (from-to) | 74-80 |
| Number of pages | 7 |
| Journal | Simulation Series |
| Volume | 46 |
| Issue number | 10 |
| State | Published - 2014 |
| Event | Summer Computer Simulation Conference, SCSC 2014, Part of the 2014 Summer Simulation Multiconference, SummerSim 2014 - Monterey, United States Duration: Jul 6 2014 → Jul 10 2014 |
Keywords
- Agent-based models
- DEVS
- Discrete event simulation
- Discrete time simulation
- System dynamics