Our motivation is lying on the questions "How does a food scare and information of a food scare influence the buying decision of one single agent and the changes in the aggregate demand?" and "How can we evaluate effective risk communication strategies?". Since we investigate a society of...

Management of supply chains is a difficult task involving coordination and decision-making across organizational boundaries. Computational modeling using multi-agent simulation is a tool that can provide decision support for supply chain managers. We identify the components of a supply chain...

In the introduction a distinction is made between the macroscopic approach, which the spatially explicit method is connected with, and the microscopic approach. The spatially explicit method is considered in relation to the interactions between located variables: without and with transport of...

A risk efficient frontier for a pastoral farm indicates the optimal enterprise mix that allows the farmer to generate the highest income for a given level of financial risk. It is calculated by matching the available range of enterprises (sheep, beef cattle, deer, dairy, exotic forest and...

The paper presents a multi-agent model simulating a two-level public decision game in which politicians, voters and interest groups interact. The objective is to model the political market for influence at the domestic level and at the international level, and to assess how new consultation...

This paper considers a simple model of an economy. The economy consists of agents. Each agent produces exactly one good. The good is sold on the market and the agent uses the resulting money to buy many other goods. All agents have the goal to maximize their own utility, which consists of a...

Artificial markets are an emerging form of agent-based simulation in which agents represent individual industries, firms, or consumers interacting under simulated market conditions. While artificial markets demonstrate considerable potential for advancing innovation research, the validity of the...

The purpose of this study is to prepare a diffusion model of the new international accounting standards known as the IFRS (International Financial Reporting Standards). This model fits within the neo-institutional conceptual framework; more specifically, we used the DiMaggio/Powell analytical...

Multi-agent simulation was used to study the effect of simple models of leadership on interpersonal violence and warfare in small societies. Agents occupied a two dimensional landscape containing villages and food sources. Sharing and stealing contributed to normative reputation. Violence...