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The premise of this working paper is based around agent-based simulation models and how to go about creating them from given incomplete information. Agent-based simulations are stochastic simulations that revolve around groups of agents…

Multiagent Systems · Computer Science 2019-02-06 Daniel Stroud , Christian Wagner , Peer-Olaf Siebers

Epiabm is a fully tested, open-source software package for epidemiological agent-based modelling, re-implementing the well-known CovidSim model from the MRC Centre for Global Infectious Disease Analysis at Imperial College London. It has…

Optimal order execution is widely studied by industry practitioners and academic researchers because it determines the profitability of investment decisions and high-level trading strategies, particularly those involving large volumes of…

Trading and Market Microstructure · Quantitative Finance 2020-09-15 Michaël Karpe , Jin Fang , Zhongyao Ma , Chen Wang

Emergency Medical Services (EMS) in the United States and similar systems typically utilize a single treatment pathway, transporting all patients to emergency departments (EDs), regardless of their actual care needs or preferences. Recent…

Optimization and Control · Mathematics 2025-06-25 Eric G. Stratman , Justin J. Boutilier , Laura A. Albert

Many real-world processes can naturally be modeled as systems of interacting agents. However, the long-term simulation of such agent-based models is often intractable when the system becomes too large. In this paper, starting from a…

The global economy is one of today's major challenges, with increasing relevance in recent decades. A frequent observation by policy makers is the lack of tools that help at least to understand, if not predict, economic crises. Currently,…

General Finance · Quantitative Finance 2023-05-16 Martin Jaraiz

A discrete-event simulation (DES) involves the execution of a sequence of event handlers dynamically scheduled at runtime. As a consequence, a priori knowledge of the control flow of the overall simulation program is limited. In particular,…

Performance · Computer Science 2018-05-14 Marc Leinweber , Hannes Hartenstein , Philipp Andelfinger

For the development and optimization of agent-based models (ABMs) and rational agent-based models (RABMs), optimization algorithms such as reinforcement learning are extensively used. However, assessing the performance of RL-based ABMs and…

Machine Learning · Computer Science 2025-08-11 Rishabh Gaur , Gaurav Deshkar , Jayanta Kshirsagar , Harshal Hayatnagarkar , Janani Venugopalan

This study examined a simulated confined space modelled as a hospital waiting area, where people who could have underlying conditions congregate and mix with potentially infectious individuals. It further investigated the impact of the…

Multiagent Systems · Computer Science 2021-05-24 J. A. Sarumi , E. C. Onwubiko , O. L. A. Ogunjimi

Agent-based models (ABMs) have shown promise for modelling various real world phenomena incompatible with traditional equilibrium analysis. However, a critical concern is the manual definition of behavioural rules in ABMs. Recent…

Multiagent Systems · Computer Science 2024-02-02 Benjamin Patrick Evans , Sumitra Ganesh

Large Language Models (LLMs) and Visual Language Models (VLMs) are attracting increasing interest due to their improving performance and applications across various domains and tasks. However, LLMs and VLMs can produce erroneous results,…

Artificial Intelligence · Computer Science 2024-12-31 Michele Brienza , Francesco Argenziano , Vincenzo Suriani , Domenico D. Bloisi , Daniele Nardi

Essential workers face elevated infection risks due to their critical roles during pandemics, and protecting them remains a significant challenge for public health planning. This study develops SAFE-ABM, a simulation-based framework using…

Quantitative Methods · Quantitative Biology 2025-05-05 Elizabeth B. Amona , Indranil Sahoo , Ya Su , Edward L. Boone , Gwendoline Nelis , Ryad Ghanam

Simulating consumer decision-making is vital for designing and evaluating marketing strategies before costly real-world deployment. However, post-event analyses and rule-based agent-based models (ABMs) struggle to capture the complexity of…

Artificial Intelligence · Computer Science 2025-10-22 Man-Lin Chu , Lucian Terhorst , Kadin Reed , Tom Ni , Weiwei Chen , Rongyu Lin

Merging mobile edge computing (MEC) functionality with the dense deployment of base stations (BSs) provides enormous benefits such as a real proximity, low latency access to computing resources. However, the envisioned integration creates…

Information Theory · Computer Science 2017-09-11 Yuxuan Sun , Sheng Zhou , Jie Xu

The agent-based modeling and simulation (ABMS) paradigm has been used to analyze, reproduce, and predict phenomena related to many application areas. Although there are many agent-based platforms that support simulation development, they…

Artificial Intelligence · Computer Science 2020-06-17 Fernando Santos , Ingrid Nunes , Ana L. C. Bazzan

The onset of the COVID-19 pandemic drove a widespread, often uncoordinated effort by research groups to develop mathematical models of SARS-CoV-2 to study its spread and inform control efforts. The urgent demand for insight at the outset of…

Populations and Evolution · Quantitative Biology 2023-06-21 Alexander N. Pillai , Kok Ben Toh , Dianela Perdomo , Sanjana Bhargava , Arlin Stoltzfus , Ira M. Longini , Carl A. B. Pearson , Thomas J. Hladish

In most multiagent applications, communication is essential among agents to coordinate their actions, and thus achieve their goal. However, communication often has a related cost that affects overall system performance. In this paper, we…

Multiagent Systems · Computer Science 2021-07-13 Abeer Alshehri , Tim Miller , Liz Sonenberg

A new approach of coordination of decisions in a multi site system is proposed. It is based this approach on a multi-agent concept and on the principle of distributed network of enterprises. For this purpose, each enterprise is defined as…

Multiagent Systems · Computer Science 2008-12-18 Thibaud Monteiro , Daniel Roy , Didier Anciaux

Multi-agent systems (MAS) have demonstrated significant effectiveness in addressing complex problems through coordinated collaboration among heterogeneous agents. However, real-world environments and task specifications are inherently…

Multiagent Systems · Computer Science 2026-05-21 Xinkui Zhao , Yifan Zhang , Sai Liu , Naibo Wang , Guanjie Cheng , Yueshen Xu , Chang Liu , Shuiguang Deng , Jianwei Yin

Workforce optimization plays a crucial role in efficient organizational operations where decision-making may span several different administrative and time scales. For instance, dispatching personnel to immediate service requests while…

Artificial Intelligence · Computer Science 2025-03-04 Kareem Eissa , Rayal Prasad , Sarith Mohan , Ankur Kapoor , Dorin Comaniciu , Vivek Singh
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