Publications [#356182] of David L. Banks
Papers Published
- Banks, DL; Hooten, MB. "Statistical Challenges in Agent-Based Modeling." American Statistician 75.3 (January, 2021): 235-242. [doi]
(last updated on 2026/01/16)Abstract:
Agent-based models (ABMs) are popular in many research communities, but few statisticians have contributed to their theoretical development. They are models like any other models we study, but in general, we are still learning how to fit ABMs to data and how to make quantified statements of uncertainty about the outputs of an ABM. ABM validation is also an underdeveloped area that is ripe for new statistical developments. In what follows, we lay out the research space and encourage statisticians to address the many research issues in the ABM ambit.