An Agent-Based Simulation of the Swiss Labour Market : An Alternative for Policy
Figure 1 — Histogram of cumulative unemployment rates
Table 5 — Average labor market effects
initial _ wealth
Baseline Model : strict = 0.99
10 4.63 % 20 4.58 % 30 2.30 % 40 2.10 % 50 1.63 %
Sensitivity Analysis strict = 0.98
10 5.21 %
20 |
5.18 % |
30 |
2.81 % |
40 |
2.68 % |
50 |
2.21 % |
Unemployment rate
4 - Experiments
The usual validation procedure
involves multiple Monte-Carlo simulations and the analysis of the aggregate data ( Lewkovicz , Domingue , & Kant , 2009 ). Using NetLogo the procedure is performed through the “ Behavior space ” tool that allows the user to set up experiments with multiple repetitions .
Moreover , BehaviorSearch , a software tool implemented to help in automating the exploration of agentbased models ( ABMs ), by using genetic algorithms and other heuristic techniques to search the parameter-space , has been tested . BehaviorSearch provides a lowthreshold way to search for combinations of model parameter settings that will result in a specified target behavior . According to the BehaviorSearch documentation the model exploration follows four steps :
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