A taxonomy of inference in simulation models

被引:28
作者
Brenner T. [1 ]
Werker C. [1 ]
机构
[1] Max Planck Institute of Economics, Jena
关键词
Empirical data; Methodology; Simulation models; Theory;
D O I
10.1007/s10614-007-9102-6
中图分类号
学科分类号
摘要
Simulation models have become increasingly popular in economics in the last two decades, because they can deal with a wide range of research questions. The set-up and analysis of simulation models can range from very specific to very general and can be underpinned by different combinations of theoretical considerations and empirical data. We offer a taxonomy of existing simulation approaches and show how their results can be used to explain observed economic features, examine economic systems and predict future economic processes. Moreover, we offer a new type of method that helps to better exploit empirical findings in simulation models. © Springer Science+Business Media, LLC 2007.
引用
收藏
页码:227 / 244
页数:17
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