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Self-sustainability is a property of a system; a system is considered to be self-sustainable if it can sustain itself without external support in an observed period of time. If this property is mapped to a human settlement in context of resources (water, energy, food, etc.), it would describe a...
Persistent link: https://www.econbiz.de/10011161616
This paper proposes an agent-based simulation model to study and analyse the performance of various procurement and production policies in the recycled paper industry. The proposed model includes the recycled pulp production process, as well as the waste paper inventory and procurement...
Persistent link: https://www.econbiz.de/10011190819
This paper reports on the design of a novel two-stage mechanism, based on strictly proper scoring rules, that motivates selfish rational agents to make a costly probabilistic estimate or forecast of a specified precision and report it truthfully to a centre. Our mechanism is applied in a setting...
Persistent link: https://www.econbiz.de/10011112666
In recent years, the government, of African Countries has assumed major responsibilities for economic reforms and growth. In attempting to describe their economies, economists (policymakers) in many African Countries have applied certain models that are by now widely known: Linear programming...
Persistent link: https://www.econbiz.de/10009644908
Increasing project complexity makes scheduling problems more difficult to solve and requires more versatile algorithms. Two different approaches for the project scheduling optimization could be considered: TCPSP (Time-Constrained Project Scheduling), and RCPSP (Resource-Constrained Project...
Persistent link: https://www.econbiz.de/10008783715
We simulate a closed rental housing market with search and matching frictions, in which both landlord and tenant agents are imperfectly informed. Homogeneous landlords set rents to maximise revenue, using information on the market to estimate the relationship between posted rent and...
Persistent link: https://www.econbiz.de/10008792369
In this paper we present three Swarm Intelligence algorithms which we evaluate on the complex foraging task domain. Each of the algorithms draws inspiration from biologic bee foraging/nest-site selection behavior. The main focus will be on the third algorithm, namely STIGMERGIC LANDMARK FORAGING...
Persistent link: https://www.econbiz.de/10010616241
In enterprise systems, making decisions is a complex task for agents at all levels of the organizational hierarchy. To calculate an optimal course of action, an agent has to include uncertainties and the anticipated decisions of other agents, recognizing that they also engage in a stochastic,...
Persistent link: https://www.econbiz.de/10010580822
This paper is devoted to the study of the average-consensus problem in directed networks of agents with both switching topology and time-delay. The stability analysis is performed based on a proposed Lyapunov–Krasovskii function. Sufficient conditions in terms of linear matrix inequalities...
Persistent link: https://www.econbiz.de/10010588854
In this paper, we consider a leader-following consensus problem of a group of autonomous agents with time-varying coupling delays. Two different cases of coupling topologies are investigated. At first, a necessary and sufficient condition is proved in the case when the interconnection topology...
Persistent link: https://www.econbiz.de/10010588888