ID:
publications-3728
Type:
article
Year:
2002
Authors:
Bonabeau, Eric and Bonabeau, Eric
Title:
Agent-based modeling: Methods and techniques for simulating human systems
Venue/Journal:
Proceedings of the National Academy of Sciences of the United States of America
DOI:
10.1073/pnas.082080899
Research type:
Water System:
Technical Focus:
Abstract:
Agent-based modeling is a powerful simulation modeling technique that has seen a number of applications in the last few years, including applications to real-world business problems. After the basic principles of agent-based simulation are briefly introduced, its four areas of application are discussed by using real-world applications: flow simulation, organizational simulation, market simulation, and diffusion simulation. For each category, one or several business applications are described and analyzed.
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