I used both of them about 10 years ago when I was in academia in a PostDoc. I taught Agent Based Modelling and Simulation to Social Sciences PhD Students. I also had the opportunity to work with Klaus Troitzsch ( https://en.wikipedia.org/wiki/Klaus_G._Troitzsch).
These kind of models yield really interesting results. But people have to be VERY careful on how to interpret their outcomes, as some people make the mistake to try to take them as direct forecasting. Also, they suffer very much from the garbage-in/garbage-out problem.
I used both of them about 10 years ago when I was in academia in a PostDoc. I taught Agent Based Modelling and Simulation to Social Sciences PhD Students. I also had the opportunity to work with Klaus Troitzsch ( https://en.wikipedia.org/wiki/Klaus_G._Troitzsch).
These kind of models yield really interesting results. But people have to be VERY careful on how to interpret their outcomes, as some people make the mistake to try to take them as direct forecasting. Also, they suffer very much from the garbage-in/garbage-out problem.