2008
DOI: 10.1287/mnsc.1070.0787
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Heterogeneity and Network Structure in the Dynamics of Diffusion: Comparing Agent-Based and Differential Equation Models

Abstract: When is it better to use agent based (AB) models, and when should differential equation (DE) models be used? Where DE models assume homogeneity and perfect mixing within compartments, AB models can capture heterogeneity in agent attributes and in the network of interactions among them. Using contagious disease as an example, we contrast the dynamics of AB models with those of the corresponding mean-field DE model, specifically, comparing the standard SEIR model-a nonlinear DE-to an explicit AB model of the … Show more

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Cited by 552 publications
(171 citation statements)
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“…They note that especially the transformation between the two levels is challenging. Rahmandad & Sterman (2008) (Forrester, 1958). This aligns well with the aims of this work.…”
Section: Resultssupporting
confidence: 88%
See 1 more Smart Citation
“…They note that especially the transformation between the two levels is challenging. Rahmandad & Sterman (2008) (Forrester, 1958). This aligns well with the aims of this work.…”
Section: Resultssupporting
confidence: 88%
“…A significant variation in output can be caused by parameter uncertainty (Rahmandad & Sterman, 2008). This was especially spotlighted by the scenario analysis in this case study.…”
Section: Exposure To Parameter Uncertaintymentioning
confidence: 77%
“…(e.g., Urban et al 1990). However, compartment models still assume homogeneity and perfect mixing within compartments and do not consider heterogeneity in individual attributes and in the network structure of interactions (Rahmandad and Sterman 2008). For the Bass model, efforts to explain changes in parameter estimates due to underlying heterogeneity of the population were also made (e.g.…”
Section: Aggregate Models Of Innovation Diffusionmentioning
confidence: 99%
“…Results also show that in scale-free networks, a small proportion of consumers (hubs, or early adopters) may have an exceptional influence on the consumptive behavior of others. Rahmandad and Sterman (2008), while primarily concerned with comparing stochastic agent-based and deterministic differential equation models, also study the impact of different network structures. In particular, they compare fully connected, random, small-world, scale-free and lattice networks.…”
Section: Small-world Versus Regular Versus Random Network a Number Omentioning
confidence: 99%
“… The cognitive limitations of humans such as the number of factors that can be considered in parallel, the amount of information that can be processed and the speed of processing (Bood & Postma, 1997;Oehmen et al, 2015).  The limited time to make a decision (Oehmen et al, 2015;Rahmandad & Sterman, 2008).…”
Section: Uncertaintymentioning
confidence: 99%