Multi-objective microsimulation
Multi-objective microsimulation extends the classic microsimulation framework by simultaneously tracking and optimizing several competing policy objectives — such as efficiency, equity, fiscal cost, and social welfare — across a heterogeneous population of individual units. It produces a Pareto frontier of policy options rather than a single recommended solution, enabling transparent tradeoff analysis for complex policy decisions.
Source record
Citations copied verbatim from the method’s source record. No claim-level verification is inferred from them.
- Orcutt, G. H. (1957). A new type of socio-economic system. The Review of Economics and Statistics, 39(2), 116-123. · DOI 10.2307/1928528
- Dekkers, G., & Belloni, P. (2015). Combining microsimulation and policy analysis: toward a multi-objective welfare approach. International Journal of Microsimulation, 8(1), 20-49. · URL
Curated claims
Claims persisted in the evidence ledger, each with its own assessment.
This view does not invent a claim assessment when the ledger has none.
Related methods
Generated from the method graph and shown as machine-suggested relations — no evidence claim is inferred.