Microeconomic Demand Functions Implementation in Java Experiments

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F14%3A%230002550" target="_blank" >RIV/47813059:19520/14:#0002550 - isvavai.cz</a>

Výsledek na webu

<a href="http://link.springer.com/chapter/10.1007/978-3-319-07650-8_19" target="_blank" >http://link.springer.com/chapter/10.1007/978-3-319-07650-8_19</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1007/978-3-319-07650-8_19" target="_blank" >10.1007/978-3-319-07650-8_19</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Microeconomic Demand Functions Implementation in Java Experiments

Popis výsledku v původním jazyce

The aim of this paper is to introduce microeconomic demand functions (Marshallian demand function and Cobb-Douglas utility function) in Java simulation experiments. The motivation is to use these function as a core element in a seller-to-customer price negotiation in an agent-based simulations. Furthermore, multi-agent model is proposed and implemented in Java to serve as a simulation framework to support the virtual company trading processes. The main background of this framework is to be integrated inmanagement information systems as a decision support module. The paper firstly presents some of the existing principles about consumer behavior, agent-based modeling and simulation in the same area and demand function theory. Secondly, presents multi-agent model and demand functions negotiations. Lastly, depicts some of the simulation results in a trading processes throughout one year of selling commodities to consumers. The results obtained show that in some metrics the demand function

Název v anglickém jazyce

Microeconomic Demand Functions Implementation in Java Experiments

Popis výsledku anglicky

The aim of this paper is to introduce microeconomic demand functions (Marshallian demand function and Cobb-Douglas utility function) in Java simulation experiments. The motivation is to use these function as a core element in a seller-to-customer price negotiation in an agent-based simulations. Furthermore, multi-agent model is proposed and implemented in Java to serve as a simulation framework to support the virtual company trading processes. The main background of this framework is to be integrated inmanagement information systems as a decision support module. The paper firstly presents some of the existing principles about consumer behavior, agent-based modeling and simulation in the same area and demand function theory. Secondly, presents multi-agent model and demand functions negotiations. Lastly, depicts some of the simulation results in a trading processes throughout one year of selling commodities to consumers. The results obtained show that in some metrics the demand function

Druh

D - Stať ve sborníku

CEP obor

IN - Informatika

OECD FORD obor

—

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2014

Kód důvěrnosti údajů

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

Název statě ve sborníku

Advances in Intelligent Systems and Computing, Volume 296

ISBN

978-3-319-07649-2

ISSN

—

e-ISSN

—

Počet stran výsledku

10

Strana od-do

183-192

Název nakladatele

Springer International Publishing

Místo vydání

Berlin

Místo konání akce

Chania

Datum konání akce

18. 6. 2014

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

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