Agent-based_simulation

Agent-based_simulation - Agent-based simulation Agenda...

Info iconThis preview shows pages 1–7. Sign up to view the full content.

View Full Document Right Arrow Icon
Agent-based simulation
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Agenda
Background image of page 2
Definition of agent-based simulation (ABS) Agent-Based Simulation (ABS) differs from traditional kinds of simulation in that simulated entities of agent-based simulation are modeled in terms of agents. ABS attempts to model specific behaviors of specific individuals , when contrasting to classic methods where the characteristics of a population are averaged together and the model attempts to simulate changes in these averaged characteristics for the whole population.
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Advantage of ABS Advantages of an Object-/Agent-Oriented Approach While classical simulation models are restricted ) to the macro level in that ) it models a part of reality (the ’target system’) as an undifferentiated whole, whose properties are then described with a multitude of attributes in the form of ’level’ and ’rate’ variables representing the state of the whole target system and its changes, respectively multilevel object-oriented or agent-based models ) show much more structural correspondence between the ‘target system’ and the model representation, are understood much more easily by a non-mathematician and may be maintained and refined much more simply.
Background image of page 4
Research Area This paper presents an agent-based model (ABM) of consumer purchase decision-making. this study uses multi-agent simulation (MAS) to exhibit the emergent decoy effect phenomenon. The combined use of the ABM and the MAS method in studying consumer behavior and markets gives one the potential to cope with the dynamic changes and complexities in the real- world business environment.
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Implementation- Motivation Function
Background image of page 6
Image of page 7
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 04/09/2008 for the course ISE 502 taught by Professor Idk during the Spring '08 term at Binghamton.

Page1 / 31

Agent-based_simulation - Agent-based simulation Agenda...

This preview shows document pages 1 - 7. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online