Relations between stakeholders involve multiple actors with a complex network of relationships and transactions. Agent-Based Modeling captures the bounded rationality and heterogeneity of actors, and the influence of social network structures. It offers a platform for cooperation between key stakeholders that yields significant benefits for everyone.
Agent-Based Modeling visualizes how integrity measures applied to management practices improves the performance of the services delivered in the context of multiple and inter-dependent relationships.
Within the Pactitioner’s Tool Box, Agent-Based Modeling can be used to support the design of Development Pacts. Agent-Based Modeling requires of the Integrity Risk Assessments that will provide the data to develop a model according to the needs.
Agent-Based Model Example
See an example of and agent-based model, please click on the button below to view the model: