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Algorithms for Trade Modeling with Agent-Based Systems

Received: 7 October 2013     Published: 30 October 2013
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Abstract

This paper presents a set of algorithms for trade modeling with cellular automata (CA). The cellular automata simulator developed for this purpose has allowed the study of phenomena that occur within groups of agents that operate in a dynamic resource field. With this cellular automata simulator algorithms have been developed and tested for clustering of agents in agencies and for studying phenomena within agencies. It was thus evident that within agencies the agents try to group in the neighborhood of leading and rich agents with high performance, in order to learn from them the best rules. In terms of hierarchy, the results show that the places in the immediate neighborhood of the agents with leading positions can be occupied only by agents with wealth.

Published in International Journal of Intelligent Information Systems (Volume 2, Issue 5)
DOI 10.11648/j.ijiis.20130205.13
Page(s) 87-93
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2013. Published by Science Publishing Group

Keywords

Cellular Automata, Agent-Based Systems, Trade Modeling

References
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[6] P.O. Siebers, U. Aickelin, H. Celia, and C. W.Clegg. "A multi-agent simulation of retail management practices" in Proceedings of the 2007 Summer Computer Simulation Conference (SCSC2007). San Diego, USA.,
[7] M. López-Sánchez, X. Noria, J. A. Rodríquez, N. Gilbert, S. Shuster, "Multi Agent Simulation Applied to On-line Music Distribution Market", Proceedings of the 4th International Conference on Web Delivering of Music, WEDELMUSIC 2004, Barcelona, 13th-14th September 2004. Pp 151-154. IEEE Computer Society. 2004
[8] Carlsson, B., Acs, Z. J., Audretsch, D. B., Braunerhjelm, P. (2009). "Knowledge Creation, Entrepreneurship, and Economic Growth", DRUID conference, Copenhagen, June 18-20, 2006 (6 ed., vol. 18, pp. 1193-1229). Industrial & Corporate Change.
[9] Carlsson, B. (2011). In D.B. Audretsch, O. Falck, S. Heblich and A. Lederer (Ed.), "New Knowledge: The Driving Force of Innovation, Entrepreneurship, and Economic Development" (pp. 214-228). Cheltenham: Edward Elgar.
[10] Acs, Z. J., Braunerhjelm, P., Audretsch, D. B., Carlsson, B. (2010). In Zoltan J. Acs (Ed.), "The Knowledge Spillover Theory of Entrepreneurship" (pp. 137-152). Cheltenham: Edward Elgar.
[11] F. Simon, and J.-C. Usunier. "Cognitive, demographic and situational determinants of service customer preference for personnel-in contact over self-service technology". International Journal of Research in Marketing, 24(2):163-173, 2007.
[12] P.O. Siebers, U. Aickelin, H. Celia, and C. W. Clegg. "Using intelligent agents to understand management practices and retail productivity". In S. G. Henderson et al., editors, Proceedings of the 2007 Winter Simulation Conference (WSC2007). Washington D.C., USA, forthcoming.
[13] P.O. Siebers. "Worker performance modeling in manufacturing systems simulation: proposal for an agent-based approach" in J. P. Rennard, editor, Handbook of Research on Nature Inspired Computing for Economics and Management, Idea Group Publishing, 2006.
[14] Frank, Kenneth A, Yasumoto, Jeffrey Y., Linking action to social structure within a system: social capital within and between subgroups, The American Journal of Sociology [AJS], 104(3), 642 - 86.
[15] Nelson, R.R. and S. Winter, "An evolutionary theory of economic change", Harvard University Press, Cambridge University MA, 2006.
[16] J.E. Reynolds, D. Howard, B.Dragun, B.Rosewell, and P. Ormerod, "Assessing the productivity of the UK retail sector. International Review of Retail, Distribution and Consumer Research", 15:237-280, 2005.
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Cite This Article
  • APA Style

    Monica Dascalu, Lucian Milea, Gabriela Ivanus, Mihail Teodorescu, Eduard Franti. (2013). Algorithms for Trade Modeling with Agent-Based Systems. International Journal of Intelligent Information Systems, 2(5), 87-93. https://doi.org/10.11648/j.ijiis.20130205.13

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    ACS Style

    Monica Dascalu; Lucian Milea; Gabriela Ivanus; Mihail Teodorescu; Eduard Franti. Algorithms for Trade Modeling with Agent-Based Systems. Int. J. Intell. Inf. Syst. 2013, 2(5), 87-93. doi: 10.11648/j.ijiis.20130205.13

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    AMA Style

    Monica Dascalu, Lucian Milea, Gabriela Ivanus, Mihail Teodorescu, Eduard Franti. Algorithms for Trade Modeling with Agent-Based Systems. Int J Intell Inf Syst. 2013;2(5):87-93. doi: 10.11648/j.ijiis.20130205.13

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  • @article{10.11648/j.ijiis.20130205.13,
      author = {Monica Dascalu and Lucian Milea and Gabriela Ivanus and Mihail Teodorescu and Eduard Franti},
      title = {Algorithms for Trade Modeling with Agent-Based Systems},
      journal = {International Journal of Intelligent Information Systems},
      volume = {2},
      number = {5},
      pages = {87-93},
      doi = {10.11648/j.ijiis.20130205.13},
      url = {https://doi.org/10.11648/j.ijiis.20130205.13},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijiis.20130205.13},
      abstract = {This paper presents a set of algorithms for trade modeling with cellular automata (CA). The cellular automata simulator developed for this purpose has allowed the study of phenomena that occur within groups of agents that operate in a dynamic resource field. With this cellular automata simulator algorithms have been developed and tested for clustering of agents in agencies and for studying phenomena within agencies. It was thus evident that within agencies the agents try to group in the neighborhood of leading and rich agents with high performance, in order to learn from them the best rules. In terms of hierarchy, the results show that the places in the immediate neighborhood of the agents with leading positions can be occupied only by agents with wealth.},
     year = {2013}
    }
    

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  • TY  - JOUR
    T1  - Algorithms for Trade Modeling with Agent-Based Systems
    AU  - Monica Dascalu
    AU  - Lucian Milea
    AU  - Gabriela Ivanus
    AU  - Mihail Teodorescu
    AU  - Eduard Franti
    Y1  - 2013/10/30
    PY  - 2013
    N1  - https://doi.org/10.11648/j.ijiis.20130205.13
    DO  - 10.11648/j.ijiis.20130205.13
    T2  - International Journal of Intelligent Information Systems
    JF  - International Journal of Intelligent Information Systems
    JO  - International Journal of Intelligent Information Systems
    SP  - 87
    EP  - 93
    PB  - Science Publishing Group
    SN  - 2328-7683
    UR  - https://doi.org/10.11648/j.ijiis.20130205.13
    AB  - This paper presents a set of algorithms for trade modeling with cellular automata (CA). The cellular automata simulator developed for this purpose has allowed the study of phenomena that occur within groups of agents that operate in a dynamic resource field. With this cellular automata simulator algorithms have been developed and tested for clustering of agents in agencies and for studying phenomena within agencies. It was thus evident that within agencies the agents try to group in the neighborhood of leading and rich agents with high performance, in order to learn from them the best rules. In terms of hierarchy, the results show that the places in the immediate neighborhood of the agents with leading positions can be occupied only by agents with wealth.
    VL  - 2
    IS  - 5
    ER  - 

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Author Information
  • Politehnica University of Bucharest, Romania

  • Solaris Consult S.R.L., Bucharest, Romania

  • Politehnica University of Bucharest, Romania

  • Research Institute for Artificial Intelligence, Bucuresti, Romania

  • Research Institute for Artificial Intelligence, Bucuresti, Romania

  • Sections