SIMSEG/ACM. A simulation environment for artificial consumer markets.

Buchta, Christian and Mazanec, Josef (2001) SIMSEG/ACM. A simulation environment for artificial consumer markets. Working Papers SFB "Adaptive Information Systems and Modelling in Economics and Management Science", 79. SFB Adaptive Information Systems and Modelling in Economics and Management Science, WU Vienna University of Economics and Business, Vienna.

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Abstract

The ACM-Artificial Consumer Market is part of the integrated simulation endeavor named the "Ar-tificial Economy". Complementing and extending the concepts developed in the SIMSEG simulation environment of Working Paper No. 60 this report proceeds in two steps. (1) it outlines the basic con-structs and consumer behavior phenomena implemented in the ACM in a nontechnical manner. (2) it elaborates the formal structure and relationships in full detail. The ACM was never headed for mimicking any real consumer market. However, it is ambitious enough to capture a number of behavioral mechanisms that are deemed crucial for exposing the Artificial Firms' analytical and strategic agents to a challenging artificial marketplace. (author's abstract)

Item Type: Paper
Keywords: Konsumgütermarkt / Simulation
Divisions: Departments > Informationsverarbeitung u Prozessmanag. > Produktionsmanagement > Taudes
Departments > Finance, Accounting and Statistics > Statistics and Mathematics
Departments > Marketing > Service Marketing und Tourismus
Departments > Informationsverarbeitung u Prozessmanag. > Informationswirtschaft
Depositing User: Repository Administrator
Date Deposited: 11 Feb 2002 09:55
Last Modified: 22 Oct 2019 00:41
URI: https://epub.wu.ac.at/id/eprint/254

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