Download This PaperValidation and Functional Complexity
9 Pages Posted: 23 Oct 2013
Date Written: October 16, 2013
Abstract
This paper provides a framework for discussing the validity of computer simulation models of market phenomena. It defines functional complexity and derives measures of this for a well known agent-based simulation model and suggests methods to overcome the obstacle of complexity in validating such models.
Keywords: validation of simulation models, agent-based simulations, functional complexity
JEL Classification: C630, C520
Suggested Citation: Suggested Citation
Marks, Robert E., Validation and Functional Complexity (October 16, 2013). UNSW Australian School of Business Research Paper No. 2013-30, Available at SSRN: https://ssrn.com/abstract=2342868 or http://dx.doi.org/10.2139/ssrn.2342868
Robert E. Marks (Contact Author)
UNSW Australia Business School, School of Economics ( email )
High Street
Sydney, NSW 2052
Australia
+61 2 9931 9271 (Phone)
HOME PAGE: http://www.agsm.edu.au/bobm
Do you have a job opening that you would like to promote on SSRN?
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.