Publications-Periodical Articles

Article View/Open

Publication Export

Google ScholarTM

NCCU Library

Citation Infomation

  • No data in Web of Science(Wrong one)
    Loading...

Related Publications in TAIR

TitleAgent-based modelling as a foundation for big data
CreatorChen, Shu-Heng
陳樹衡
Venkatachalam, Ragupathy
Contributor經濟系
Key WordsBig data; swarm; prediction markets; information aggregation; agent-based models; abduction
Date2017
Date Issued22-Dec-2018 11:59:22 (UTC+8)
SummaryIn this article, we propose a process-based definition of big data, as opposed to the size- and technology-based definitions. We argue that big data should be perceived as a continuous, unstructured and unprocessed dynamics of primitives, rather than as points (snapshots) or summaries (aggregates) of an underlying phenomenon. Given this, we show that big data can be generated through agent-based models but not by equationbased models. Though statistical and machine learning tools can be used to analyse big data, they do not constitute a big data-generation mechanism. Furthermore, agentbased models can aid in evaluating the quality (interpreted as information aggregation efficiency) of big data. Based on this, we argue that agent-based modelling can serve as a possible foundation for big data. We substantiate this interpretation through some pioneering studies from the 1980s on swarm intelligence and several prototypical agentbased models developed around the 2000s.
RelationJOURNAL OF ECONOMIC METHODOLOGY,24(4), 362-383
Typearticle
DOI http://dx.doi.org/10.1080/1350178X.2017.1388964
dc.contributor 經濟系
dc.creator (作者) Chen, Shu-Heng
dc.creator (作者) 陳樹衡
dc.creator (作者) Venkatachalam, Ragupathy
dc.date (日期) 2017
dc.date.accessioned 22-Dec-2018 11:59:22 (UTC+8)-
dc.date.available 22-Dec-2018 11:59:22 (UTC+8)-
dc.date.issued (上傳時間) 22-Dec-2018 11:59:22 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/121480-
dc.description.abstract (摘要) In this article, we propose a process-based definition of big data, as opposed to the size- and technology-based definitions. We argue that big data should be perceived as a continuous, unstructured and unprocessed dynamics of primitives, rather than as points (snapshots) or summaries (aggregates) of an underlying phenomenon. Given this, we show that big data can be generated through agent-based models but not by equationbased models. Though statistical and machine learning tools can be used to analyse big data, they do not constitute a big data-generation mechanism. Furthermore, agentbased models can aid in evaluating the quality (interpreted as information aggregation efficiency) of big data. Based on this, we argue that agent-based modelling can serve as a possible foundation for big data. We substantiate this interpretation through some pioneering studies from the 1980s on swarm intelligence and several prototypical agentbased models developed around the 2000s.en_US
dc.format.extent 567720 bytes-
dc.format.mimetype application/pdf-
dc.relation (關聯) JOURNAL OF ECONOMIC METHODOLOGY,24(4), 362-383
dc.subject (關鍵詞) Big data; swarm; prediction markets; information aggregation; agent-based models; abductionen_US
dc.title (題名) Agent-based modelling as a foundation for big dataen_US
dc.type (資料類型) article
dc.identifier.doi (DOI) 10.1080/1350178X.2017.1388964
dc.doi.uri (DOI) http://dx.doi.org/10.1080/1350178X.2017.1388964