ACE
Agent-Based Computational EconomicsA bottom-up approach that generates and analyzes aggregate economic dynamics from heterogeneous agents and their local interactions.
Core terms include abbreviations, full names, and the working definitions used throughout AI × ECON.
A bottom-up approach that generates and analyzes aggregate economic dynamics from heterogeneous agents and their local interactions.
A computational model that explicitly encodes autonomous agents, behavioral rules, environments, and interactions.
A structural macroeconomic model combining intertemporal optimization, stochastic shocks, expectations, and market clearing.
A macroeconomic framework combining household heterogeneity and asset distributions with New Keynesian nominal rigidities.
A method for estimating target causal parameters with high-dimensional nuisance functions using orthogonal scores and cross-fitting.
A reinforcement-learning paradigm in which multiple learning agents interact, compete, or cooperate in a shared environment.
Model-generated computational subjects conditioned on experimental instructions and agent characteristics; they are not equivalent to real human samples.
An internal model of economic states and their dynamics used to simulate constrained multi-agent interaction and support planning, forecasting, and scenario analysis.
The task of distinguishing alternative micro-level behaviors and institutional mechanisms that can generate similar aggregate outcomes.
Evaluation on data that were not used for training, calibration, or model selection.