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dc.contributor.authorFurtado, Bernardo Alves
dc.date.accessioned2022-08-08T09:20:10Z
dc.date.available2022-08-08T09:20:10Z
dc.date.issued2023
dc.identifier.urihttps://library.oapen.org/handle/20.500.12657/57840
dc.description.abstractThis chapter describes, justifies, presents the pros and cons of and illustrates the use of simulation modeling as a handy, cost-effective and agile tool for policymakers. Simulation modeling is flexible enough to accommodate different levels of detail, precision and time frameworks. It also serves the purpose of a concrete communication platform that facilitates scenario analysis, what-if alternatives and forward looking. We specifically define agent-based modeling within the larger simulation domain, provide a brief overview of other computation modeling methodologies and discuss the concepts of multiple models, verification, validation and calibration. The conceptual framework section closes with a discussion of advantages and disadvantages of using simulation modeling for policy at various stages of implementation. Finally, we present a panorama of actual applications of simulation modeling in policy, with an emphasis on economic analysis.en_US
dc.languageEnglishen_US
dc.subject.classificationthema EDItEUR::J Society and Social Sciences::JP Politics and governmenten_US
dc.subject.classificationthema EDItEUR::J Society and Social Sciences::JP Politics and government::JPQ Central / national / federal government::JPQB Central / national / federal government policiesen_US
dc.subject.classificationthema EDItEUR::J Society and Social Sciences::JP Politics and government::JPB Comparative politicsen_US
dc.subject.classificationthema EDItEUR::J Society and Social Sciences::JP Politics and government::JPP Public administrationen_US
dc.subject.otherpublic administration; policy; future research directions; policy analysis; policy tools; public administration; public management; policymaking; public policyen_US
dc.titleChapter 22 Simulation Modeling as a Policy Toolen_US
dc.typechapter
oapen.identifier.doi10.4324/9781003163954-27en_US
oapen.relation.isPublishedBy7b3c7b10-5b1e-40b3-860e-c6dd5197f0bben_US
oapen.relation.isPartOfBook4c485893-652d-4ec5-aa7d-89bf7b255899en_US
oapen.relation.isFundedByece74c18-4124-4fea-8bb8-e7416d528f39en_US
oapen.relation.isbn9780367757748en_US
oapen.relation.isbn9780367757809en_US
oapen.imprintRoutledgeen_US
oapen.pages12en_US


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