Request PDF on ResearchGate | Managing Business Complexity: such as biology, business and social science (Heath et al., ; North and Macal, ) . Managing Business Complexity: Discovering Strategic Solutions with Agent- Based . Charles M. Macal, Michael J. North, Toward teaching agent-based. Buy Managing Business Complexity: Discovering Strategic Solutions with Agent- Based Modeling and Simulation by Michael J. North, Charles M. Macal (ISBN.

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Managing Business Complexity – Michael J. North; Charles M. Macal – Oxford University Press

This book is available as part of Oxford Scholarship Online – view abstracts and keywords at book domplexity chapter level. Agent-based modeling and simulation ABMSa 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 complexkty complete business-oriented agent-based modeling and simulation resource. It has three purposes: 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.

Agents Up Close 4.

Managing Business Complexity

Discovering Agents and Agent Behaviors 7. Rising bsuiness the Challenge. NorthMBA, Ph. It’s a must read for anyone considering applications of agent-based modeling for solving real-world problems.

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Oxford Scholarship Managiing This book is available as part of Oxford Scholarship Online – view abstracts and keywords at book and chapter level. North and Charles M. Macal Serves as the first complete business-oriented agent-based modeling and simulation resource Includes two extensive majaging examples showing readers how to use Microsoft Excel spreadsheets and other techniques to implement basic agent-based models Covers all phases of agent-based model development and project management including model requirements specification, model design, model implementation, model testing and model use.

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