In Agent-based computational economics economy is considered a complex system where the interactions between the economic agents are of ultimate importance. Simulating the economic system by modeling the behavior of the individual encompasses many advantages and certain epistemological issues...

Simulation model is one of the methods commonly used in Operational Research in order to represent the real situation that occurs in a system as well as to test the scenario based on different behavior. In this paper we discuss about three different models used in simulation: system dynamic,...

Simulation model is one of the methods commonly used in Operational Research in order to represent the real situation that occurs in a system as well as to test the scenario based on different behavior. In this paper we discuss about three different models used in simulation: system dynamic,...

In this paper we expand the agent based model introduced by Chiarella and Di Guilmi (Chiarella, C. and Di Guilmi, C., The financial instability hypothesis: A stochastic microfoundation framework. Journal of Economic Dynamics and Control, 35(8):1151 – 1171, 2011) in which the business cycle...

As agricultural and environmental issues are more and more inter-linked, the increasing multiplicity of stakeholders, with differing and often conflicting land use representations and strategies, underlines the need for innovative methods and tools to support their coordination, mediation and...

Fuel cell vehicles (FCVs) running on hydrogen do not cause local air pollution. Depending on the energy sources used to produce the hydrogen they may also reduce greenhouse gases in the long-term. Besides problems related to the necessary investments into hydrogen infrastructure, there is a...

An important barrier towards the introduction of fuel cell vehicles (FCVs) running on hydrogen is the lack of widespread refueling infrastructure. The niche of buses for public transport, taxis and deliverers with a local application area might not be large enough to generate the reductions of...

Supply security and environmental concerns associated with oil call for an introduction of hydrogen as a transport fuel. To date, scenario studies of infrastructure build up and sales of fuel cell vehicles (FCVs) are driven by cost estimates and technological feasibility assumptions, indicating...

Exploiting a precise reproduction of a stock exchange, the robustness of the Continuous Double Auction (CDA) mechanism, evaluated by means of the waiting time distributions, has been proved versus 36 different set ups made by varying both the operators' behaviour and the market micro structure....

The web system linked by Internet becomes important not only as a functional application system within a company but as a critical backbone for conducting business in a highly competitive market. It is driving companies to come up with a whole new set of business strategies. This paper proposes...