In this study, we present a simple stochastic order-book model for investors' swarm behaviors seen in the continuous double auction mechanism, which is employed by major global exchanges. Our study shows a characteristic called "fat tail" is seen in the data obtained from our model that...

Despite recent developments in management theory, maintaining a manufacturing schedule remains difficult because of production delays and fluctuations in demand and supply of materials. The response of manufacturing systems to such disruptions to dynamic behavior has been rarely studied. To...

In this study, we present a simple stochastic order-book model for investors’ swarm behaviors seen in the continuous double auction mechanism, which is employed by major global exchanges. Our study shows a characteristic called “fat tail” seen in the data obtained from our model that...

Traffic flows on crossing roads with an information board installed at the intersection have been simulated by a cellular automaton model. In the model, drivers have to enter the road with a shorter trip-time indicated on the information board, by making a turn at the intersection if necessary....

“Can a single car really absorb a traffic jam without making new jams?” In this paper, we focus on this frequently-discussed question, and have succeeded in making a theoretical framework of a driving technique how to absorb a traffic jam by using a minimal microscopic model. Jam-absorption...

We study the effect of converting caught targets into new chasers in the context of the recently proposed ‘group chase and escape’ problem. Numerical simulations have shown that this conversion can substantially reduce the lifetimes of the targets when a large number of them are initially...

We propose the Proxemic Floor Field Model as an extension of the Floor Field Model, which is one of the successful models describing pedestrian dynamics. Proxemic Floor Field is the Floor Field which corresponds to the effect of repulsion force between others. By introducing the Proxemic Floor...