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.