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Business networks dynamics and agent-based simulation

Business networks dynamics and agent-based simulation The interest of social scientists in dynamic and far from equilibrium processes, the need for efficient methods to analyse complex business systems, and the availability of new computational tools, are the reasons for the growing interest in agent-based simulation models (ABMs). One of the applications of ABMs in economic and business field is the study of geographical clusters. Using simulation, various authors have tried to validate specific hypotheses about emergent features and performances of these systems. Nevertheless, the analyses of their dynamic behaviour are in part, lacking. The aim of this paper is to investigate, using a quite general AB simulation platform, the drivers of their evolutionary trajectories: origin, growth, maturity and death or transformation. After some references on the state of the art and on the use of the ABMs in business systems dynamics, the principal building criteria of a quite general simulation platform are described. In the conclusions, some preliminary results and research agenda are synthesised. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Business and Systems Research Inderscience Publishers

Business networks dynamics and agent-based simulation

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References (57)

Publisher
Inderscience Publishers
Copyright
Copyright © Inderscience Enterprises Ltd. All rights reserved
ISSN
1751-200X
eISSN
1751-2018
DOI
10.1504/IJBSR.2011.040787
Publisher site
See Article on Publisher Site

Abstract

The interest of social scientists in dynamic and far from equilibrium processes, the need for efficient methods to analyse complex business systems, and the availability of new computational tools, are the reasons for the growing interest in agent-based simulation models (ABMs). One of the applications of ABMs in economic and business field is the study of geographical clusters. Using simulation, various authors have tried to validate specific hypotheses about emergent features and performances of these systems. Nevertheless, the analyses of their dynamic behaviour are in part, lacking. The aim of this paper is to investigate, using a quite general AB simulation platform, the drivers of their evolutionary trajectories: origin, growth, maturity and death or transformation. After some references on the state of the art and on the use of the ABMs in business systems dynamics, the principal building criteria of a quite general simulation platform are described. In the conclusions, some preliminary results and research agenda are synthesised.

Journal

International Journal of Business and Systems ResearchInderscience Publishers

Published: Jan 1, 2011

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