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What is Agent-Based Simulation (ABS)

Chapter 83
Encyclopedia of Business Analytics and Optimization
Is a relatively new paradigm that simulates the simultaneous operations and interactions of multiple agents, in an attempt to re-create and predict the appearance of complex phenomena. In OR context, allowing agents to behave differently and communicate among themselves distinguishes ABS from other simulation techniques such as SD and DES. Existing ABS applications are primarily found in the science, social, economy and market domains; the rules used in these agents are either theory-based or empirical-based and the results of simulation are often lack of convincing power.
Published in Chapter:
Evolution of Simulation Paradigms in OR
Yang Li (Applications & Services, Research & Technology, British Telecom, UK)
Copyright: © 2014 |Pages: 9
DOI: 10.4018/978-1-4666-5202-6.ch083
Full Text Chapter Download: US $37.50 Add to Cart
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Chapter 21
Population Symbiotic Evolution in a Model of Industrial Districts
A simulation technique where some of the simulated entities are modeled in terms of agents.
Published in Chapter: Population Symbiotic Evolution in a Model of Industrial Districts; From: Handbook of Research on Nature-Inspired Computing for Economics and Management
Full Text Chapter Download: US $37.50 Add to Cart
Chapter 7
Agent-Based Service Analytics
Is a relatively new paradigm that simulates the simultaneous operations and interactions of multiple agents, in an attempt to re-create and predict the appearance of complex phenomena. In OR context, allowing agents to behave differently and communicate among themselves distinguishes ABS from other simulation techniques such as SD and DES. Existing ABS applications are primarily found in the science, social, economy and market domains; the rules used in these agents are either theory-based or empirical-based and the results of simulation are often lack of convincing power.
Published in Chapter: Agent-Based Service Analytics; From: Encyclopedia of Business Analytics and Optimization
Full Text Chapter Download: US $37.50 Add to Cart
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