Use of microsimulation models for political decesion making

Abstract

Socioeconomic systems are complex, extremely sensitive and of great social and economic importance. Microsimulation is a method able to handle complex socioeconomic systems by creating and studying a model that makes intensive use of the statistical data of the observed objects. These objects are the so-called micro units of the socioeconomic system; the person, the family or the household. Microsimulation models use simulation techniques in order to study the behavior of micro level units in time.