• DocumentCode
    2045516
  • Title

    A study on market simulation with consumers in complex network

  • Author

    Kaihara, Toshiya ; Fujii, Nobutada ; Notsu, Tomomi

  • Author_Institution
    Grad. Sch. of Syst. Inf., Kobe Univ., Kobe, Japan
  • fYear
    2011
  • fDate
    13-18 Sept. 2011
  • Firstpage
    499
  • Lastpage
    504
  • Abstract
    Economics of complex system has been proposed to clarify market mechanism with reality. We formulate market simulation model as discrete resource allocation problem based on the economics of complex systems. Three types of heterogeneous agents are defined in the complex virtual market. Complex network concept is introduced into the market simulation so as to realise social consumer network for information exchange. The applicability of the market simulation into producers´ strategic decision makings is discussed.
  • Keywords
    complex networks; consumer behaviour; decision making; electronic data interchange; multi-agent systems; resource allocation; social networking (online); complex virtual market; decision makings; discrete resource allocation problem; economics; heterogeneous agents; information exchange; market simulation model; social consumer network; Adaptation models; Complex networks; Correlation; Economics; Joining processes; Robustness; Social network services; Complex network; Economics of complex systems; Market simulation; Marketing;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    SICE Annual Conference (SICE), 2011 Proceedings of
  • Conference_Location
    Tokyo
  • ISSN
    pending
  • Print_ISBN
    978-1-4577-0714-8
  • Type

    conf

  • Filename
    6060709
    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=49&DC=2045516