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Agent-Based Models: impact and interdisciplinary influences in economics

Author

Listed:
  • Muriel Dal-Pont Legrand

    (GREDEG - Groupe de Recherche en Droit, Economie et Gestion - UNS - Université Nice Sophia Antipolis (1965 - 2019) - CNRS - Centre National de la Recherche Scientifique - UniCA - Université Côte d'Azur)

  • Alexandre Truc

    (GREDEG - Groupe de Recherche en Droit, Economie et Gestion - UNS - Université Nice Sophia Antipolis (1965 - 2019) - CNRS - Centre National de la Recherche Scientifique - UniCA - Université Côte d'Azur)

Abstract

In the present paper, we investigate the diffusion of agent-based models (ABMs) in economics using a quantitative approach to better understand how the introduction of this tool in economics influenced the structure of the field as well as research programs in recent years. Our analysis shows that the proliferation of ABMs has resulted in the emergence of diverse research subfields rather than one unified research program. Most notably, we highlight how interdisciplinarity plays a pivotal role in understanding the diversity of ways in which agent-based models are integrated into economics. While in some cases ABMs are used by economists as an imported tool to address disciplinary-oriented questions in dedicated subfields journals, in other cases ABMs are a vehicle for more interdisciplinary transfers and interactions (e.g., interdisciplinary co-authorship) that are more challenging to the traditional frontiers of economics.

Suggested Citation

  • Muriel Dal-Pont Legrand & Alexandre Truc, 2022. "Agent-Based Models: impact and interdisciplinary influences in economics," Working Papers halshs-04832295, HAL.
    • Handle: RePEc:hal:wpaper:halshs-04832295
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-04832295v1
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    More about this item

    Keywords

    Agent-Based Interdisciplinarity Social Network Analysis JEL Codes: B2 B21 B4 D9; Agent-Based; Interdisciplinarity; Social Network Analysis JEL Codes: B2; B21; B4; D9;
    All these keywords.

    JEL classification:

    • B2 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925
    • B21 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Microeconomics
    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology
    • D9 - Microeconomics - - Micro-Based Behavioral Economics
    • B2 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925
    • B21 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Microeconomics
    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology
    • D9 - Microeconomics - - Micro-Based Behavioral Economics

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