Microsimulation of the firm and the economy
Simulation and Gaming , Volume 28 - Issue 2 p. 225- 229
The article presents a microsimulation model of firm behavior in an economy-wide setting. A combination of microsimulation and general equilibrium modelling approaches is proposed as an alternative research method to incorporate typical industrial organization issues into economy-wide modelling. The article centers around an application that uses Dutch firms and the Dutch economy as case studies.