Modelling - Lesson 4 - Agent Based Modelling

What is agent-based modelling?

• A method to analyze chemical reactions

• A method to simulate the actions of individual agents in an environment

• A method to study historical events

• A method to predict weather patterns

Answer explanation

Agent-based modelling is a method to simulate the actions of individual agents in an environment, making it the correct choice.

What makes agent-based modelling (ABM) different to the modelling previously discussed?

• It focuses on predicting natural disasters

• It is used for analyzing economic trends

• It involves simulating individual agents' actions and interactions

• It is used for studying space exploration

Answer explanation

It involves simulating individual agents' actions and interactions

State two benefits of using ABM models.

• Forecasting stock market trends and predicting election outcomes

• Studying historical events and simulating chemical reactions

• Predicting lottery numbers and analyzing sports events

• Describing complex environments and testing specific scenarios

Answer explanation

Using ABM models allows for describing complex environments and testing specific scenarios, aiding in understanding system dynamics and behavior.

What are emergent behaviours?

• Behaviors that are predictable and controlled

• Behaviors that are random and chaotic

• Behaviors observed only in individual agents

• Behaviors observed in the environment as a whole but not in individual agents

Answer explanation

Emergent behaviors are observed in the environment as a whole but not in individual agents, highlighting the correct choice.

What are the possible uses in Business for ABM?

• Supply chains, Team-work, Sales forecasting

• Tumour growth, Immune systems, Ecology for food growth

• Social media usage, Logistical systems, Adoption of new technology

• Immune systems, Ecology for food growth, Supply chains

Answer explanation

The possible uses in Business for ABM are supply chains, team-work, and sales forecasting, as they directly impact business operations and strategies.

What are the possible uses in Technology for ABM?

• Immune systems, Ecology for food growth, Supply chains

• Tumour growth, Immune systems, Ecology for food growth

• Social media usage, Logistical systems, Adoption of new technology

• Supply chains, Team-work, Sales forecasting

Answer explanation

The correct choice is Social media usage, Logistical systems, Adoption of new technology as possible uses in Technology for ABM.

What is an example of emergent behavior in ABM?

• A herd of elephants following a leader

• A group of ants moving randomly

• A school of little fish swimming together

• A single fish swimming alone

Answer explanation

Emergent behavior in ABM refers to the collective behavior that arises from individual interactions. A school of little fish swimming together is an example of emergent behavior as they exhibit coordinated movement without a central leader.

How can agent-based modeling be applied in the field of healthcare?

• Studying the spread of infectious diseases, Analyzing patient treatment outcomes, Predicting hospital resource allocation

• Simulating weather patterns, Forecasting stock market trends, Predicting election outcomes

• Describing complex environments, Testing specific scenarios, Analyzing sports events

• Studying historical events, Simulating chemical reactions, Predicting lottery numbers