In the context of urban (spatial explicit) modelling, what is the difference between agent based simulation (ABS) and micro simulation (MS)?
Both are individual based modelling approaches. Are ABS models typically theory driven while MS models are typically data driven? Do ABS models contain intelligent and non intelligent objects (have a memory; capable of making decisions based on their own judgement; capable of learning) while MS models only contain non intelligent objects (making decisions based on distributions derive from historic data)? What is the simulation execution algorithm they follow - do they differ?
Please provide some simple examples that clarify your explanations.