What is an agent-based computational model


Problem

1. What is an agent-based computational model?

2. Why is "out-of-sample" data important for testing inductive models?

3. True or false? Models provide both theorems and precepts. Explain your answer

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What is an agent-based computational model
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