INNOVATIVE THINKING
RIGOROUS APPROACHES
REAL WORLD IMPACT

 

Project

Simulation of Agent-based Modeling and Policy

Official Title
Evaluation, Development, and Utilization of Statistical and Mathematical Methods: Agent-based Modeling and Simulation
Dates
10/2015 – 09/2016
Market
Social Programs
Practice Areas
Drug Policy
Policy Simulation
Social Impacts
Services
Policy/Program Analysis
Applied Research Studies
Client
U.S. Food and Drug Administration
Methodologies
Analysis and Validation
Data Analytics
Simulation

IMPAQ worked with the Center for Tobacco Products (CTP) to assess computational/mathematical models and simulation and/or statistical models of the health impact of the U.S. U.S. Food and Drug Administration/CTP’s regulation of tobacco products.

After an exhaustive literature review, we submitted potential agent-based models to a comprehensive, experimental validation and comparison process, which includes source codes and computational requirements as well as outputs and visualizations.

Unlike traditional econometric and simulation approaches, agent-based modeling uses a “bottom-up” approach, where, through individual interactions, behaviors emerge that were observed previously but not understood. This new method allows policy makers to determine not only the outcomes that a policy change may produce, but also how the outcomes may occur.

Our team consisted of mathematicians, statisticians, economists research practice leads, and senior research associates.