Chapter

The Role of ABMS

Michael J. North and Charles M. Macal

in Managing Business Complexity

Published in print April 2007 | ISBN: 9780195172119
Published online September 2007 | e-ISBN: 9780199789894 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780195172119.003.0005
 The Role of ABMS

Show Summary Details

Preview

This chapter uses a supply chain example to compare and contrast agent-based modeling and simulation with other modeling techniques, including systems dynamics, discrete-event simulation, participatory simulation, statistical modeling, risk analysis, and optimization. It also discusses why businesses and government agencies do modeling and simulation.

Keywords: systems dynamics; discrete-event simulation; participatory simulation; statistical modeling; risk analysis; optimization

Chapter.  22731 words.  Illustrated.

Subjects: Business Strategy

Full text: subscription required

How to subscribe Recommend to my Librarian

Buy this work at Oxford University Press »

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.