Background. Research shows that learning and task performance improve when participants in management exercises understand the structure of the system they control. However, the majority of business simulators are “black-boxes.”Aim. This article introduces structural debriefing, which is a...

This chapter explores the potential of distributed ledger technology (DLT) in addressing supply chain shortages and competition for scarce resources. Specifically, we assess the effect of strategic information sharing on supply chain efficiency and the creation of virtual markets to improve...

Applied general and partial equilibrium models are widely used tools for ex ante analysis of trade policy changes. However, simulation results seem to exhibit significant variation across publications, and the often criticised ‘black box’ character of applied trade models makes meaningful...

This proposal is interested to find which mechanisms, methods, techniques, models and software can be used to create a policy maker artificial intelligence simulator. The same research suggests the uses of the Artificial Intelligence (AI) , Econographicology (EG) and Computer Programming (CP) in...

The Finnish National Election Study of 2003 revealed that in Finland most voters do not identify with parties and are self-described as independents. In this article it is asserted that partisan attachments affect Finnish parties’ optimal positions despite the large amount of independents. To...

Universal approximation functions are well known and studied in canonical mathematics. Here we theorize the existence of an independent class of universal approximation agents and agent-based models. We draw upon historical references from mathematical analysis, the development of machine...

This teaching note provides step-by-step instruction for simulating the net present value and the internal rate of return of a five-year project. The uncertainty lie in the initial level of sales, sales growth rates, gross profit margins, operating expenses before depreciation, and the terminal...

Applied general and partial equilibrium models are widely used tools for ex ante analysis of trade policy changes. However, simulation results seem to exhibit significant variation across publications, and the often criticised 'black box' character of applied trade models makes meaningful...