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"Markets can show different types of dynamics, from quiet markets dominated by one or few products, to markets with constant penetration of new and reintroduced products. This paper explores the dynamics of markets from a psychological perspective using a multi-agent simulation model. The...
Persistent link: https://www.econbiz.de/10009468364
"Markets can show different types of dynamics, from quiet markets dominated by one or a few products, to markets with continual penetration of new and reintroduced products. In a previous article we explored the dynamics of markets from a psychological perspective using a multi-agent simulation...
Persistent link: https://www.econbiz.de/10009468497
The online content market for news and music is changing rapidly with the spread of technology and innovative business models (e.g. the online delivery of music, specialised subscription news services). It is correspondingly hard for suppliers of online content to anticipate developments and the...
Persistent link: https://www.econbiz.de/10015216772
The NewTies project is developing a system in which societies of agents are expected to develop autonomously as a result of individual, population and social learning. These societies are expected to be able to solve the environmental challenges that they are set by acting collectively. The...
Persistent link: https://www.econbiz.de/10015217430
MultilevelModels(MLM)have pioneered the analysis of hierarchical data of two or more levels. Agent-Based Models (ABM) are also used to analyse social phenomena in which there are two or more levels involved. This paper addresses a comparison between MLM and ABM. To provide a basis of comparison,...
Persistent link: https://www.econbiz.de/10009447327