Search Results - subject:"Simulation Models"

A critical guide to empirical validation of agent-based models in economics: methodologies, procedures, and open problems

Fagiolo, Giorgio; Moneta, Alessio; Windrum, Paul - 2007

The original publication is available at http://www.springer.com/

Persistent link: https://www.econbiz.de/10009455003

Modelling Negotiated Decision Making: A Multilateral, Multiple Issues, Non-Cooperative Bargaining Model with Uncertainty

Carraro, Carlo; Sgobbi, Alessandra - C.E.P.R. Discussion Papers - 2007

The relevance of bargaining to everyday life can easily be ascertained, yet the study of any bargaining process is extremely hard, involving a multiplicity of questions and complex issues. The objective of this paper is to provide new insights on some dimensions of the bargaining process –...

Persistent link: https://www.econbiz.de/10005791640

A Stochastic Multiple Players Multi-Issues Bargaining Model for the Piave River Basin

Carraro, Carlo; Sgobbi, Alessandra - C.E.P.R. Discussion Papers - 2007

The objective of this paper is to investigate the usefulness of non-cooperative bargaining theory for the analysis of negotiations on water allocation and management. We explore the impacts of different economic incentives, a stochastic environment and varying individual preferences on...

Persistent link: https://www.econbiz.de/10005791729

Capturing the complexity of water uses and water users within a multi-agent framework

Berger, Thomas; Birner, Regina; Mccarthy, Nancy; DíAz, … - In: Water Resources Management 21 (2007) 1, pp. 129-148

Due to the hydrological and socio-economic complexity of water use within river basins and even sub-basins, it is a considerable challenge to manage water resources in an efficient, equitable and sustainable way. This paper shows that multi-agent simulation (MAS) is a promising approach to...

Persistent link: https://www.econbiz.de/10010997482

Fitting a Stochastic Model for Golden-Ten

de Vos, J.C.; van der Genugten, B.B. - Tilburg University, School of Economics and Management - 1996

Golden-Ten is an observation game in which players try to predict the outcome of the motion of a ball rolling down the surface of a drum.This paper describes the motion of the ball as a stochastic model, based on a deterministic, mechanical model.To this end, the motion is split into several...

Persistent link: https://www.econbiz.de/10011086710

Validation of Simulation Models : Regression Analysis Revisited

Kleijnen, Jack P.C.; Groenendaal, Willem van; … - Tilburg University, Center for Economic Research - 1996

This paper proves that it is wrong to require that regressing a model's outputs on the observed real outcomes gives a 45 degrees line through the origin (unit slope, zero intercept).Therefore this paper proposes an alternative requirement: the responses of the model and the real system should...

Persistent link: https://www.econbiz.de/10011090630

A Practical Guide to Inference in Simulation Models

Brenner, Thomas; Werker, Claudia - Volkswirtschaft Abteilung, Fachbereich … - 2006

This paper introduces a categorization of simulation models. It provides an explicit overview of the steps that lead to … advocate different ways of constructing simulation models. To this end, it discusses a number of relevant methodological issues …, such as how realistic simulation models are obtained and which kinds of inference can be used in a simulation approach …

Persistent link: https://www.econbiz.de/10005765307

Groundwater research and management: integrating science into management decisions. Proceedings of IWMI-ITP-NIH International Workshop on \Creating Synergy Between Groundwater Research and Management in South and Southeast Asia,\ Roorkee, India, 8-9 February 2005

Sharma, Bharat R.; Villholth Karen G.; Sharma, K. D. - International Water Management Institute (IWMI) - 2006

Persistent link: https://www.econbiz.de/10009131707

Autonomous control of production networks using a pheromone approach

Armbruster, D.; de Beer, C.; Freitag, M.; Jagalski, T.; … - In: Physica A: Statistical Mechanics and its Applications 363 (2006) 1, pp. 104-114

The flow of parts through a production network is usually pre-planned by a central control system. Such central control fails in presence of highly fluctuating demand and/or unforeseen disturbances. To manage such dynamic networks according to low work-in-progress and short throughput times, an...

Persistent link: https://www.econbiz.de/10010874080

A systems‐based approach for city logistics decision making

Awasthi, Anjali; Proth, Jean‐Marie - In: Journal of Advances in Management Research 3 (2006) 2, pp. 7-17

This paper presents a systems based approach for the city logistics decision making. Using this approach, we present the layout of a simulation model called CILOSIM ( CI TY‐ LO GISTICS‐ SIM ULATION). CILOSIM encapsulates three sub‐models namely Goods to Vehicle Assignment model, Goods...

Persistent link: https://www.econbiz.de/10014839894