Search Results - subject:"agent based modelling"

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Incentives and coordination in vertically related energy markets

Micola, Augusto Rupérez; Banal Estañol, Albert; Bunn, … - 2006

We present an agent-based model of a multi-tier energy market including gas shippers, electricity generators and retailers. We show how reward interdependence between strategic business units within a vertically integrated firm can increase its profits in oligopolistic energy markets. The...

Persistent link: https://www.econbiz.de/10010278116

Is Your Model Susceptible to Floating-Point Errors?

Izquierdo, Luis R.; Polhill, J. Gary - In: Journal of Artificial Societies and Social Simulation 9 (2006) 4, pp. 4-4

This paper provides a framework that highlights the features of computer models that make them especially vulnerable to floating-point errors, and suggests ways in which the impact of such errors can be mitigated. We focus on small floating-point errors because these are most likely to occur,...

Persistent link: https://www.econbiz.de/10005518603

Self-Organizing Traffic at a Malfunctioning Intersection

Kumar, Sujai; Mitra, Sugata - In: Journal of Artificial Societies and Social Simulation 9 (2006) 4, pp. 3-3

Traffic signals and traffic flow models have been studied extensively in the past and have provided valuable insights on the design of signalling systems, congestion control, and punitive policies. This paper takes a slightly different tack and describes what happens at an intersection where the...

Persistent link: https://www.econbiz.de/10005481568

Aid Competition - a Simple Agent-Based Model of Competition for Financial Aid

Margitay-Becht, András - In: Interdisciplinary Description of Complex Systems - … 4 (2006) 2, pp. 89-101

The research into the effectiveness of financial aid is gaining momentum lately. Some say it is ineffective, some say it could be effective, but all seem to agree that some of its aspects are currently unmapped. This article aims at showing a rather simplistic agent-based model that might hint...

Persistent link: https://www.econbiz.de/10005082587

Impact of the CAP Reform on Small-Scaled Grassland Regions in Bavaria, Germany

Roeder, Norbert; Kantelhardt, Jochen; Kapfer, Martin - International Association of Agricultural Economists - IAAE - 2006

The CAP reform of 2003 will change farmer's business environment in Europe. This paper analyses the impact of the reform on the land use in southern German grassland regions. The assessment will be based on model calculations for two typical grassland regions. Each study area represents one...

Persistent link: https://www.econbiz.de/10005060566

Collective Social Dynamics and Social Norms

Fent, Thomas - Volkswirtschaftliche Fakultät, … - 2006

How individual behaviour is determined or at least influenced by social norms is one of the classic questions of social theory. We consider a norm as a rule guiding individual decisions concerning rituals, beliefs, traditions, and routines. Whenever coordinated behaviour is enforced without the...

Persistent link: https://www.econbiz.de/10005786962

Simulating Knowledge-Generation and -Distribution Processes in Innovation Collaborations and Networks

Pyka, Andreas; Gilbert, Nigel; Ahrweiler, Petra - Institut für Volkswirschaftlehre, Fakultät für … - 2006

Science, University of Hamburg, Germany Key words: innovation networks, agent-based modelling, scale free networks JEL … (see e.g. Windrum, 2006). Within the last few years in particular the methodology of agent-based modelling is frequently …) ‘Agent-based modelling of evolutionary economic systems’, IEEE Transactions on Evolutionary Computation, Vol. 5, pp.1 …

Persistent link: https://www.econbiz.de/10005125127

Impact of the CAP reform on small-scale grassland regions

Roeder, Norbert; Kantelhardt, Jochen; Kapfer, Martin - In: German Journal of Agricultural Economics 55 (2006) 5/6

This paper presents a regional land-use model that conceives farms as independent agents aiming at maximum individual utility. Farm agents optimize their utility with the help of a linear-programming algorithm that takes into account natural, economic and personal restrictions. Interactions...

Persistent link: https://www.econbiz.de/10008802601

Simulating Knowledge-Generation and -Distribution Processes in Innovation Collaborations and Networks

Pyka, Andreas; Gilbert, Nigel; Ahrweiler, Petra - 2006

An agent-based simulation model representing a theory of the dynamic processes involved in innovation in modern knowledge-based industries is described. The agent-based approach allows the representation of heterogeneous agents that have individual and varying stocks of knowledge. The simulation...

Persistent link: https://www.econbiz.de/10010265637

Growing artificial entrepreneurs : Advancing entrepreneurship research using agent‐based simulation approach

Sunny Yang, Shu‐Jung; Chandra, Yanto - In: International Journal of Entrepreneurial Behavior & Research 19 (2013) 2, pp. 210-237

Purpose – The aim of this paper is to offer agent‐based modelling (ABM) as an alternative approach to advance research …

Persistent link: https://www.econbiz.de/10014769883