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Agent-based models in Economics: theory, toolkit and policy laboratories 22-23


Deadline for Registration

(Application reopened on June 1st 2023 in order to try to fill the very few available spots)

June 5th, 2023


July 10th -14th, 2023

Learning objectives

The study of economies seen as complex evolving systems has proven to be an appropriate lens of analysis to interpret and provide diagnoses of the many instances of the structure of capitalism. Heterogeneity, non-linearity, interdependent and cumulative processes, structural crises, regime changes, path-dependence and inequalities are among the key properties of both micro and macroeconomic phenomena.
Agent-based models are a powerful and growing tool to develop theoretical models disciplined by empirical evidence, able to address the complex and evolving nature of economies; additionally they constitute a natural policy laboratory enabling the possibility to perform scenarios analysis useful to inform policy choices.
The Institute of Economics of Sant'Anna School of Advanced Studies launches the second Seasonal School in "Agent based models in Economics: theory, toolkit and policy laboratories".
The Seasonal School is intended to achieve the following objectives:

  • Learning of agent-based modelling techniques (ABMs) as a tool of analysis and interpretation of economic and social processes.
  • Development and design of agent-based models through software laboratories (Laboratory for Simulation Development platform).
  • Introduction to statistical and econometric techniques for the analysis of  macro-evolutionary agent-based models (R software).

Competencies provided include:

  • Theories and applications of agent-based models in micro and macroeconomics uncovering diverse thematic areas such as technical progress, economic cycles, labour markets, economic growth, climate change.
  • Empirical validation and analysis of models' parametric space.
  • Scenarios-based analysis and policy experiments.

Teaching methodologies

Frontal lectures, laboratories and seminars.

Who should attend this Seasonal School?

Master and PhD students enrolled in Economics curricula. Applicants from other disciplines are welcomed.

Applications from abroad are warmly encouraged. YSI will cover the travel expenses of 3 EU (excluding students enrolled in an Italian institution) and 3 non-EU students. The Institute of Economics of the School might grant the tuition fee for selected applications by YSI.  Interested students should fill out the form available at:

Please note that we will share your application information with YSI for the selection of travel grants. By sending your application, you agree to these conditions.

The first day of the seasonal school will host: "A dialogue on Agent-Based Models and Complexity Economics: origins and future pathways" between Prof. Marco Valente and Dr. Reis Maria.

Marco Valente
Marco Valente is Professor of Economics at University of L'Aquila,Italy. As an Evolutionary Economics scholar, his research contributed to the literature on industrial dynamics, technological innovation, bounded rational consumption and complexity. He also investigated growth, structural change and inequality. His current research is focused on sustainability, inequality and the diffusion of renewable energy. Marco Valente is also interested in methodological issues in social sciences, in particular concerning the use of agent-based modeling in Economics. He is the author of "Laboratory for Simulation Development", a software designed to implement agent-based models.


Mariana Reis Maria

PhD candidate in Economics at the University of Campinas (UNICAMP). Research Fellow at the Economy of Francesco Movement and coordinator of the Sustainability WG of The Young Scholars Initiative (YSI).  Experience in Industrial, Innovation Economics and Ecological Economics. Research focused on green finance to the energy transition from complexity economic tools. Research Fellow at the Economy of Francesco Movement and coordinator of the Sustainability WG of The Young Scholars Initiative.

YSI mentors


Ana Bottega is a third-year PhD Student at the University of São Paulo (USP). I’m currently a Research Fellow of Inequality and Taxation at the Research Center on Macroeconomics of Inequalities (Made/USP). I'm also a coordinator of the Keynesian Economics Working Group at the Young Scholars Initiative of the Institute for New Economic Thinking (YSI/INET). I visited the Industrial Relations Section at Princeton University in Spring 2023. My research interests include macroeconomics, public finance, and their intersection with labor economics.

Mariana Reis Maria