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organizational performance--are inevitable. Our computational experiments show that delays increase learning complexity and … performance heterogeneity through two mechanisms. First, complexity of state-space and, therefore, of learning grows exponentially … overcoming temporal complexity and the impact of initial cognitive maps are discussed. …
Persistent link: https://www.econbiz.de/10009209352
A general simulation model of market competition is developed to explore the effectiveness of and interactions between … model, like real markets, is highly non-linear such that analytical solutions are not possible. We use simulation …
Persistent link: https://www.econbiz.de/10009226708
simulation result shows a finding that is consistent with an analytical result for a state of equilibrium while it also shows …
Persistent link: https://www.econbiz.de/10005481620
: resource based-view of the firm, punctuated equilibrium as model of change, and complexity theory as paradigmatic lens. These … dependencies, emergence and co-evolution. Then, simulation, with complex adaptive system, is considered as an alternative …
Persistent link: https://www.econbiz.de/10010707857
Persistent link: https://www.econbiz.de/10008587582
use of simulation techniques to understand the complexity of the industrial process of continuous change. Among these …Simulation techniques have proliferated a lot in the last years. In economics the industrial dynamics approach makes …, developing stand-alone theoretical simulation models, and empirical evidence, as it stems from a rigorous study of the economic …
Persistent link: https://www.econbiz.de/10008683416
Standard economics starts with behavioral assumptions that are formally expressed as axioms. This approach met with little scientific success but still enjoys some popularity for lack of a convincing alternative. To replace the subjective formal foundations by objective structural axioms is the...
Persistent link: https://www.econbiz.de/10011107375
Social structure emerges from the interaction and information exchange between individuals in a population. The emergence of groups in animal and human social systems suggests that such social structures are the result of a cooperative and cohesive society. Using graph based models, where nodes...
Persistent link: https://www.econbiz.de/10005518506
Lately, traditional forecasting methods have been depicted as inferior to newer ones which are attempting to simulate the human decision making process. However, this goal might even be impossible to achieve. This paper introduces an inverse approach to the forecasting problem. The typical...
Persistent link: https://www.econbiz.de/10010670087
-based Simulation System for Enterprise Resources Planning named KBSimERP. The KBSimERP provides an integrated learning environment for …
Persistent link: https://www.econbiz.de/10005050812