EconStor >
Max-Planck-Institut für Ökonomik, Jena >
Papers on Economics and Evolution, MPI für Ökonomik >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/31830
  
Title:A practical guide to inference in simulation models PDF Logo
Authors:Brenner, Thomas
Werker, Claudia
Issue Date:2006
Series/Report no.:Papers on economics and evolution 0602
Abstract:This paper introduces a categorization of simulation models. It provides an explicit overview of the steps that lead to a simulation model. We highlight the advantages and disadvantages of various simulation approaches by examining how they advocate different ways of constructing simulation models. To this end, it discusses a number of relevant methodological issues, such as how realistic simulation models are obtained and which kinds of inference can be used in a simulation approach. Finally, the paper presents a practical guide on how simulation should and can be conducted.
Subjects:Methodology
Simulation Models
Practical Guide
JEL:B41
B52
C63
Document Type:Working Paper
Appears in Collections:Papers on Economics and Evolution, MPI für Ökonomik

Files in This Item:
File Description SizeFormat
511677146.pdf436.61 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/31830

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.