Validation and Functional Complexity
نویسندگان
چکیده
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.. Acknowledgments: I thank Yaneer Bar-Yam, Ian Wilkinson, and three referees for their assistance.
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