Various types of ‘bubbles', e.g. stock market, housing, dot.com, high-tech, historically, are commonly-observed phenomena in complex systems. Yet, their emergence often surprises people who remain unaware of history or their systemic roots. Bubbles are often considered to be simply the...

This paper reports on research that explores designing a hybrid system dynamics/agent modeling (HSDAM) simulation methodology to evaluate potential effects of a new human resources policy in a company. The study measures the effect of changes in the company’s pension policies on...