Publication Date:
2023-09-12
Description:
This 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.
Keywords:
public administration; policy; future research directions; policy analysis; policy tools; public administration; public management; policymaking; public policy
;
bic Book Industry Communication::J Society & social sciences::JP Politics & government
;
bic Book Industry Communication::J Society & social sciences::JP Politics & government::JPQ Central government::JPQB Central government policies
;
bic Book Industry Communication::J Society & social sciences::JP Politics & government::JPB Comparative politics
;
bic Book Industry Communication::J Society & social sciences::JP Politics & government::JPP Public administration
Language:
English
Format:
image/jpeg
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