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An agent-based model for firms' dynamics is developed. The model consists of firm agents with identical characteristic parameters and a bank agent. Dynamics of those agents is described by their balance sheets. Each firm tries to maximize…

综合金融 · 定量金融 2009-01-14 Hiroshi Iyetomi , Hideaki Aoyama , Yoshi Fujiwara , Yuichi Ikeda , Wataru Souma

We have used agent-based modeling as our numerical method to artificially simulate a dynamic real economy where agents are rational maximizers of an objective function of Cobb-Douglas type. The economy is characterised by heterogeneous…

理论经济学 · 经济学 2024-01-17 Subhamon Supantha , Naresh Kumar Sharma

Agent-based modeling is a powerful simulation technique to understand the collective behavior and microscopic interaction in complex financial systems. Recently, the concept for determining the key parameters of the agent-based models from…

统计金融 · 定量金融 2017-03-21 T. T. Chen , B. Zheng , Y. Li , X. F. Jiang

Individualized products and shorter product life cycles have driven companies to rethink traditional mass production. New concepts like Industry 4.0 foster the advent of decentralized production control and distribution of information. A…

多智能体系统 · 计算机科学 2022-05-13 Felix Gehlhoff , Alexander Fay

Manufacturing has passed through four widely recognized paradigms - mechanization, electrification, programmable automation, and Smart Manufacturing - each defined by the kind of work it shifted from humans to machines. In every case, one…

人工智能 · 计算机科学 2026-05-26 Yilei Zhang

The chapter describes the modeling of a material handling system with the production of individual units in a scheduled order. The units represent the agents in the model and are transported in the system which is abstracted as a directed…

物理与社会 · 物理学 2010-12-22 Thomas Seidel , Jeanette Hartwig , Richard L. Sanders , Dirk Helbing

Artificial Intelligence agents represent the next major revolution in the continuous technological evolution of industrial automation. In this paper, we introduce a new approach for business process design and development that leverages the…

人工智能 · 计算机科学 2025-07-30 Mohammad Azarijafari , Luisa Mich , Michele Missikoff

We present a macroeconomic agent-based model that combines several mechanisms operating at the same timescale, while remaining mathematically tractable. It comprises enterprises and workers who compete in a job market and a commodity goods…

综合金融 · 定量金融 2012-11-26 Cornelia Metzig , Mirta Gordon

Designing a financial market that works well is very important for developing and maintaining an advanced economy, but is not easy because changing detailed rules, even ones that seem trivial, sometimes causes unexpected large impacts and…

交易与市场微观结构 · 定量金融 2021-01-08 Takanobu Mizuta

Agent-based modeling (ABM) has emerged as a powerful tool in social policy-making and socio-economics, offering a flexible and dynamic approach to understanding and simulating complex systems. While traditional analytic methods may be less…

多智能体系统 · 计算机科学 2025-04-03 Shayan Firouzian Haji

Agent-based modelling and simulation offers a new and exciting way of understanding the world of work. In this paper we describe the development of an agent-based simulation model, designed to help to understand the relationship between…

神经与进化计算 · 计算机科学 2010-07-05 Peer-Olaf Siebers , Uwe Aickelin , Helen Celia , Christopher Clegg

Agent-based modeling is a computational dynamic modeling technique that may be less familiar to some readers. Agent-based modeling seeks to understand the behaviour of complex systems by situating agents in an environment and studying the…

多智能体系统 · 计算机科学 2023-04-19 G. Wade McDonald , Nathaniel D. Osgood

Rising inequalities around the globe bring into question our economic systems and the origin of such inequalities. Here we propose a toy agent-based model where each entity is simultaneously producing and consuming indivisible goods. We…

无序系统与神经网络 · 物理学 2024-05-29 Nirbhay Patil , Jean-Philippe Bouchaud

The goal is the development of a simultaneous, dynamic, technological as well as logistical real-time planning and an organizational control of the production by the production units themselves, working in the production network under the…

机器人学 · 计算机科学 2007-05-23 S. Heinrich , H. Durr , T. Hanel , J. Lassig

Process discovery studies ways to use event data generated by business processes and recorded by IT systems to construct models that describe the processes. Existing discovery algorithms are predominantly concerned with constructing process…

多智能体系统 · 计算机科学 2023-07-24 Andrei Tour , Artem Polyvyanyy , Anna Kalenkova , Arik Senderovich

Due to the COVID-19 pandemic, the global supply chain is disrupted at an unprecedented scale under uncertain and unknown trends of labor shortage, high material prices, and changing travel or trade regulations. To stay competitive,…

多智能体系统 · 计算机科学 2022-11-02 Mingjie Bi , Gongyu Chen , Dawn M. Tilbury , Siqian Shen , Kira Barton

Modelling and computational methods have been essential in advancing quantitative science, especially in the past two decades with the availability of vast amount of complex, voluminous, and heterogeneous data. In particular, there has been…

多智能体系统 · 计算机科学 2020-07-09 Affan Shoukat , Seyed M. Moghadas

Advances in computing power and data availability have led to growing sophistication in mechanistic mathematical models of social dynamics. Increasingly these models are used to inform real-world policy decision-making, often with…

Agent-Based Models (ABM) are computational scenario-generators, which can be used to predict the possible future outcomes of the complex system they represent. To better understand the robustness of these predictions, it is necessary to…

综合经济学 · 经济学 2022-08-08 Karl Naumann-Woleske , Max Sina Knicker , Michael Benzaquen , Jean-Philippe Bouchaud

Agent-based systems have the capability to fuse information from many distributed sources and create better plans faster. This feature makes agent-based systems naturally suitable to address the challenges in Supply Chain Management (SCM).…

人工智能 · 计算机科学 2021-09-07 Liming Xu , Stephen Mak , Alexandra Brintrup
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