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.

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Simulation and Gaming
Erasmus School of Economics

van Tongeren, F. W. (1997). Microsimulation of the firm and the economy. Simulation and Gaming, 28(2), 225–229. doi:10.1177/1046878197282006