TY  - GEN
ID  - cogprints840
UR  - http://cogprints.org/840/
A1  - Edmonds, B.
TI  - Towards a Descriptive Model of Agent Strategy Search
Y1  - 1999/09//
N2  - It is argued that due to the complexity of most economic phenomena, the chances of deriving correct models from a priori principles are small. Instead are more descriptive approach to modelling should be pursued. Agent-based modelling is characterised as a step in this direction. However many agent-based models use off-the-shelf algorithms from computer science without regard to their descriptive accuracy. This paper attempts an agent model that describes the behaviour of subjects reported by Joep Sonnemans as accurately as possible. It takes a structure that is compatible with current thinking cognitive science and explores the nature of the agent processes that then match the behaviour of the subjects. This suggests further modelling improvements and experiments.
AV  - public
KW  - induction
KW  -  strategy
KW  -  search
KW  -  computational economics
KW  -  descriptive modelling
KW  -  Sonnemans
KW  -  agent
KW  -  description
KW  -  genetic programming
KW  -  game
KW  -  auction
KW  -  modelling methodology
KW  -  agent-based modelling
ER  -

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