At the ‘Fringes of Realism’: Agent-Based Models Take Hold Among Quants

Agent-based modeling has taken root seemingly everywhere throughout the last decade, from theoretical physics, to military operations, to public health, to ride-sharing apps like Uber, and to a much lesser extent, finance. However, a year such as 2020—and all its ups and downs—could drive firms to the edge of this new frontier.

Many things changed on September 11, 2001, and apart from the profound sense of loss, there was also stunned disbelief—a question of “How?”

In the aftermath, Justin Lyon enrolled in a graduate program at MIT, studying system dynamics, or, to put it very simply, how complex things—systems with many moving parts—act and change over time. There, he focused on simulating the growth of radical Islam—that is, predicting likelihoods of violence, insurgencies, and counterinsurgencies in tandem with

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: