Describes the computer program BTS which is a macroscopic tool for simulating the performance of freeway bottlenecks

This paper shows an environment for agent-based simulation of corporate strategy.

We study an agency model, in which the principal has only incomplete information about the agent's preferences, in a dynamic setting. Through repeated interaction with the agent, the principal learns about the agent's preferences and can thus adjust the inventive system. In a dynamic...

There is growing advocacy for the adoption of computational methods as a substitute for, or complement to, traditional research methods, particularly for examining social phenomena derivative of organised complexity. This paper examines some of the reasons for this advocacy and the specific...

The purpose of this paper is to illustrate the usefulness of Keynes' approach by modeling it using system dynamics. As this technique allows the researcher to place the analysis in time it is especially well suited to the task. It also allows us to see exactly which elements seem to create the...