Agent Based Strategizing
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Agent Based Strategizing
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Author : Duncan A. Robertson
language : en
Publisher: Cambridge University Press
Release Date : 2019-10-17
Agent Based Strategizing written by Duncan A. Robertson and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-10-17 with Business & Economics categories.
Strategic management is a system of continual disequilibrium, with firms in a continual struggle for competitive advantage and relative fitness. Models that are dynamic in nature are required if we are to really understand the complex notion of sustainable competitive advantage. New tools are required to tackle challenges of how firms should compete in environments characterized by both exogeneous shocks and intense endogenous competition. Agent-based modelling of firms' strategies offers an alternative analytical approach, where individual firm or component parts of a firm are modelled, each with their own strategy. Where traditional models can assume homogeneity of actors, agent-based models simulate each firm individually. This allows experimentation of strategic moves, which is particularly important where reactions to strategic moves are non-trivial. This Element introduces agent-based models and their use within management, reviews the influential NK suite of models, and offers an agenda for the development of agent-based models in strategic management.
Managing Business Complexity
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Author : Michael J. North
language : en
Publisher: Oxford University Press
Release Date : 2007-03-01
Managing Business Complexity written by Michael J. North and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-03-01 with Business & Economics categories.
Agent-based modeling and simulation (ABMS), a way to simulate a large number of choices by individual actors, is one of the most exciting practical developments in business modeling since the invention of relational databases. It represents a new way to understand data and generate information that has never been available before--a way for businesses to view the future and to understand and anticipate the likely effects of their decisions on their markets and industries. It thus promises to have far-reaching effects on the way that businesses in many areas use computers to support practical decision-making. Managing Business Complexity is the first complete business-oriented agent-based modeling and simulation resource. It has three purposes: first, to teach readers how to think about ABMS, that is, about agents and their interactions; second, to teach readers how to explain the features and advantages of ABMS to other people and third, to teach readers how to actually implement ABMS by building agent-based simulations. It is intended to be a complete ABMS resource, accessible to readers who haven't had any previous experience in building agent-based simulations, or any other kinds of models, for that matter. It is also a collection of ABMS business applications resources, all assembled in one place for the first time. In short, Managing Business Complexity addresses who needs ABMS and why, where and when ABMS can be applied to the everyday business problems that surround us, and how specifically to build these powerful agent-based models.
Strategic Action And Executive Behavior An Agent Based Simulation
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Author : Brian W. Kulik
language : en
Publisher:
Release Date : 2006
Strategic Action And Executive Behavior An Agent Based Simulation written by Brian W. Kulik and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.
Despite its importance, the relationship between an organization and its environment is difficult to study through real-world, empirical analysis because of the ambiguities and complexities involved. This work advances our understanding of how organizations interact with their environments by modeling expected environmental complexities in an multiple agent-based computer simulation. Integrating principles derived from organization theory and computational organization theory, an agent-based simulation rule set is developed, and then extended to the study issues of diversification and CEO compensation, two unresolved areas in strategic management. With regard to diversification, results obtained through various ANOVA tests, difference tests, and multiple regressions found generally that a related diversification strategy was positively associated with profitability, while unrelated diversification was consistently found to be unprofitable, but was related to greater longevity. Furthermore, diversification was found to be a more prevalent strategy in harsher environments, and there appeared to be a tendency for the most profitable agents to choose a very conservative, related strategy under high-harshness conditions, and a moderate, related strategy under low-harshness conditions. CEO pay results using regression indicated that pay through agency interacts positively with pay through stakeholder performance, while a series of histograms for agents in different environmental extremes indicated that profit-seeking agents moved away from a high-stakeholder proportion and toward a more moderate proportion. Conversely, it was apparently profitable to incorporate a higher proportion of fit-based pay when conditions faced by the agent are more difficult. The implications of the results are discussed in light of the extant literature on diversification and corporate governance.
The Dynamics Of Strategy
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Author : Duncan A. Robertson
language : en
Publisher: Oxford University Press on Demand
Release Date : 2009-10-08
The Dynamics Of Strategy written by Duncan A. Robertson and has been published by Oxford University Press on Demand this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-10-08 with Business & Economics categories.
As the life span of business models has shrunk, firms have had to review their strategic intent, develop strategic initiatives in fast and imaginative ways, and engage in major reorganizations to deal with this. The Dynamics of Strategy helps make sense of the changing business environment and requisite processes of strategizing and organizing.
Agent Based Modeling Meets Gaming Simulation
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Author : K. Arai
language : en
Publisher: Springer Science & Business Media
Release Date : 2006-10-10
Agent Based Modeling Meets Gaming Simulation written by K. Arai and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-10-10 with Social Science categories.
This collection of excellent papers cultivates a new perspective on agent-based social system sciences, gaming simulation, and their hybridization. Most of the papers included here were presented in the special session titled Agent-Based Modeling Meets Gaming Simulation at ISAGA2003, the 34th annual conference of the International Simulation and Gaming Association (ISAGA) at Kazusa Akademia Park in Kisarazu, Chiba, Japan, August 25–29, 2003. This post-proceedings was supported by the twenty-?rst century COE (Centers of Excellence) program Creation of Agent-Based Social Systems Sciences (ABSSS), established at the Tokyo Institute of Technology in 2004. The present volume comprises papers submitted to the special session of ISAGA2003 and provides a good example of the diverse scope and standard of research achieved in simulation and gaming today. The theme of the special session at ISAGA2003 was Agent-Based Modeling Meets Gaming Simulation. Nowadays, agent-based simulation is becoming very popular for modeling and solving complex social phenomena. It is also used to arrive at practical solutions to social problems. At the same time, however, the validity of simulation does not exist in the magni?cence of the model. R. Axelrod stresses the simplicity of the agent-based simulation model through the “Keep it simple, stupid” (KISS) principle: As an ideal, simple modeling is essential.
Multi Agent Based Production Planning And Control
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Author : Jie Zhang
language : en
Publisher: John Wiley & Sons
Release Date : 2017-05-15
Multi Agent Based Production Planning And Control written by Jie Zhang and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-05-15 with Technology & Engineering categories.
At the crossroads of artificial intelligence, manufacturing engineering, operational research and industrial engineering and management, multi-agent based production planning and control is an intelligent and industrially crucial technology with increasing importance. This book provides a complete overview of multi-agent based methods for today’s competitive manufacturing environment, including the Job Shop Manufacturing and Re-entrant Manufacturing processes. In addition to the basic control and scheduling systems, the author also highlights advance research in numerical optimization methods and wireless sensor networks and their impact on intelligent production planning and control system operation. Enables students, researchers and engineers to understand the fundamentals and theories of multi-agent based production planning and control Written by an author with more than 20 years’ experience in studying and formulating a complete theoretical system in production planning technologies Fully illustrated throughout, the methods for production planning, scheduling and controlling are presented using experiments, numerical simulations and theoretical analysis Comprehensive and concise, Multi-Agent Based Production Planning and Control is aimed at the practicing engineer and graduate student in industrial engineering, operational research, and mechanical engineering. It is also a handy guide for advanced students in artificial intelligence and computer engineering.
Practical Applications Of Agent Based Technology
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Author : Haiping Xu
language : en
Publisher: BoD – Books on Demand
Release Date : 2012-03-21
Practical Applications Of Agent Based Technology written by Haiping Xu and has been published by BoD – Books on Demand this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-03-21 with Computers categories.
Agent-based technology provides a new computing paradigm, where intelligent agents can be used to perform tasks such as sensing, planning, scheduling, reasoning and decision-making. In an agent-based system, software agents with sufficient intelligence and autonomy can either work independently or coordinately with other agents to accomplish tasks and missions. In this book, we provide up-to-date practical applications of agent-based technology in various fields, such as electronic commerce, grid computing, and adaptive virtual environment. The selected applications are invaluable for researchers and practitioners to understand the practical usage of agent-based technology, and also to apply agent-based technology innovatively in different areas.
Agent Based Approach For Supply Chain Management
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Author : Dr. M S Uppin
language : en
Publisher: Notion Press
Release Date : 2018-05-25
Agent Based Approach For Supply Chain Management written by Dr. M S Uppin and has been published by Notion Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-05-25 with Technology & Engineering categories.
The book is concerned with the application of basic concepts of Agent-based technology for the flow of information between various components of the supply chain formed for a manufacturing organization with following objectives: • Identifying issues related to sharing information as the most critical factor in supply chain activities • Addressing problems associated with sharing information both within and between different organizations • Sharing effective information by formulating an agent-based framework for supply chain management activities • To enhance the effectiveness of Supply chain management activities
Strategy As Practice
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Author : Gerry Johnson
language : en
Publisher: Cambridge University Press
Release Date : 2007-08-02
Strategy As Practice written by Gerry Johnson and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-08-02 with Business & Economics categories.
This is an analysis of what managers actually do in relation to the development of strategy in organisations.
Multi Agent Based Simulation Xv
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Author : Francisco Grimaldo
language : en
Publisher: Springer
Release Date : 2015-01-03
Multi Agent Based Simulation Xv written by Francisco Grimaldo and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-01-03 with Computers categories.
This book constitutes the thoroughly refereed post-conference proceedings of the 15th International Workshop on Multi-Agent-Based Simulation, MABS 2014, held in Paris, France, in May 2014. The workshop was held in conjunction with the 13th International Conference on Autonomous Agents and Multiagent Systems, AAMAS 2014. The 17 revised full papers included in this volume were carefully selected from numerous submissions. The papers are organized in topical sections on simulation methodologies, simulation of social behaviour, data and multi-agent-based simulation and applications.