Agent-based computational economics
Agent-based computational economics (ACE) is the computational study of economic processes modeled as dynamic systems of interacting agents. As detailed at the ACE website, the "agents" in ACE models can represent individuals, social groupings, biological systems, or physical systems.
ACE is a culture-dish approach to the study of economic systems. The ACE modeler provides the initial configuration of a computational economic world comprising multiple interacting agents. The modeler then steps back to observe the development of the world over time without further intervention. In particular, world events should be driven by agent interactions without external imposition of equilibrium conditions.
The following main external reference links provide extensive annotated pointers to on-line resources of possible interest to ACE researchers and, more generally, to social science researchers interested in the development and use of agent-based modeling tools.