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Application of a Business Economics Decision-Making Function in an Agent Simulation Framework

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F16%3A00010523" target="_blank" >RIV/47813059:19520/16:00010523 - isvavai.cz</a>

  • Result on the web

    <a href="http://link.springer.com/chapter/10.1007%2F978-3-319-39883-9_17" target="_blank" >http://link.springer.com/chapter/10.1007%2F978-3-319-39883-9_17</a>

  • DOI - Digital Object Identifier

    <a href="http://dx.doi.org/10.1007/978-3-319-39883-9_17" target="_blank" >10.1007/978-3-319-39883-9_17</a>

Alternative languages

  • Result language

    angličtina

  • Original language name

    Application of a Business Economics Decision-Making Function in an Agent Simulation Framework

  • Original language description

    The aim of the paper is to introduce a novel multi-agent simulation approach and its application allowing to deal with the trading processes of a virtual company. The motivation is to use implemented simulation framework as a basic part of an information system, operating as an integrated component of an actual ERP system implemented within a company so as to investigate and to predict the chosen business metrics of a company. Such a system serves to enable the management of a company to support their decision-making processes. The paper firstly presents the contemporary importance of simulation method. Secondly, the paper characterizes concrete multi-agent model of a virtual company, agents, and the decision-making function. Thirdly, the simulation framework application MAREA will be introduced. Lastly, the simulation results and their comparison with actual data, and the verification possibilities of the simulation model are described. It will be demonstrated that the proposed approach to customer behaviour in an agent-based simulation model could properly contribute to a better decision-making process.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

  • OECD FORD branch

    50204 - Business and management

Result continuities

  • Project

  • Continuities

    I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Others

  • Publication year

    2016

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Smart Innovation, Systems and Technologies. Agent and Multi-Agent Systems: Technologies and Applications.

  • ISBN

    978-3-319-39882-2

  • ISSN

  • e-ISSN

  • Number of pages

    10

  • Pages from-to

    209-218

  • Publisher name

    Springer International Publishing

  • Place of publication

    Switzerland

  • Event location

    Puerto de la Cruz

  • Event date

    Jun 15, 2016

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article