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Decision Making in Agent-based Virtual Economic Model

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F17%3A50005422" target="_blank" >RIV/62690094:18450/17:50005422 - isvavai.cz</a>

  • Result on the web

    <a href="https://uni.uhk.cz/hed/site/assets/files/1046/proceedings_2017_1.pdf" target="_blank" >https://uni.uhk.cz/hed/site/assets/files/1046/proceedings_2017_1.pdf</a>

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Decision Making in Agent-based Virtual Economic Model

  • Original language description

    Decision making is essential part of every economic system and especially in the field of agent-based economic models, their design is crucial for the system`s functioning and overall performance. In this context is expected that decision making will be done autonomously, will be computationally effective, and rational (from the perspective of decision maker, i.e. agent). Mistakes made at this stage of economic model`s development are potentially worst. This paper introduces various types of agents in our economic model and describes their respective decision-making procedures and algorithms. The model serves as a virtual lab for research and experimentation on communities of larger scale involving thousands of agents interacting at the same time. This scale allows modeling of the geographic regions and all stages of supply chains.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

  • OECD FORD branch

    10201 - Computer sciences, information science, bioinformathics (hardware development to be 2.2, social aspect to be 5.8)

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2017

  • Confidentiality

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

Data specific for result type

  • Article name in the collection

    Hradec Economic Days

  • ISBN

    978-80-7435-664-3

  • ISSN

    2464-6067

  • e-ISSN

    neuvedeno

  • Number of pages

    7

  • Pages from-to

    629-635

  • Publisher name

    Gaudeamus

  • Place of publication

    Hradec Králové

  • Event location

    Hradec Králové

  • Event date

    Jan 31, 2017

  • Type of event by nationality

    EUR - Evropská akce

  • UT code for WoS article

    000411661000074