
An interactive story from the Santa Fe Institute, Agent-Based Modeling: Worlds Within Worlds, traces the early development of ABMs, and how this approach to modeling grew from a fringe idea into a powerful tool used across the social sciences. The story includes several pared-down ABM models readers can run and adjust themselves.
Abstract: In the 21st century, surging computational power and dataset availability have made a method known as agent-based modeling increasingly useful to decision-makers. To imagine where the method might go next, it serves us to look at history. Focusing on SFI contributions, this story chronicles the rise of agent-based modeling in the social sciences, beginning with its roots in the Manhattan Project and John Conway’s Game of Life, continuing on to canonical proof-of-concept models like the Santa Fe Artificial Stock Market and Sugarscape, and finally turning to more recent applications in public health, archaeology, and macroeconomics, ending with a view to the future.
Read the full article at: www.santafe.edu

