The present paper emphasises that socioeconomic systems are complex systems due to two entangled categories characterising their constituents: heterogeneity and interaction as the main sources of complexity and emergence. This perspective is developed by reasoning on the double-face problem of...

Computing technologies illustrate remarkable success not only in manufacturing, but also in service-producing organisations. This paper presents a general framework for agent-based performance management in local governments. The importance of performance management and the capability of...

This study investigates the optimal model of Job Integration of Multi-agent in Multimodal Transportations with Time Windows (JIMMTTW). The model is formulated firstly using the graph structure. The problem is NP-Hard. An optimal strategy including two layers is proposed after analysing the...

Recent applications of Cournot models suggest that fully connected networks are less costly and more welfare-efficient as compared to hub-and-spokes in China's rapidly expanding air traffic system (ATS). The author applies agent-based heuristics to demonstrate that the complexity of China's ATS...

This paper introduces the development aspects of an intelligent agent for mutual fund investment decisions. The success of next-generation Enterprise Resource Planning (ERP) systems mainly depends on making intelligent systems more useful for automated planning and strategic-level decisions,...

Organisations rely on data analytics to process vast quantities of consumer data to inform strategy and policy decisions. Descriptive analytics is commonly used to provide insight into past consumer behaviour. However, greater value can be achieved by predicting future consumer behaviour through...

This paper specifies and estimates an option price model using non-linear, Seemingly Unrelated Regression (SUR) technique that allows for the incorporation of cross equation correlations and other generalisations. Our results do suggest that this generalisation improves the efficiency of the...