A Brief Introduction to the Use of Machine Learning Techniques in the Analysis of Agent-Based Models
8 Pages Posted: 14 Nov 2015
Date Written: November 12, 2015
This paper gives a succinct introduction to some basic concepts imported from the fields of Machine and Statistical Learning that can be useful in the analysis of complex agent-based models (ABM). The paper presents some guidelines in the design of experiments. It then focuses on considering an ABM simulation as a computational experiment relating parameters with a response variable of interest, i.e. a statistic obtained from the simulation. This perspective gives the opportunity of using a supervised learning algorithm to fit the response with the parameters. The fitted model can be used to better interpret and understand the relation between the parameters of the ABM and the results in the simulation.
Keywords: Agent based modeling, Agent based simulation, Complex Systems, Simulation of socio-economic systems, Decision making support tolos, machine learning, statistical learning
JEL Classification: C14
Suggested Citation: Suggested Citation