Article ID: | iaor20062840 |
Country: | Netherlands |
Volume: | 166 |
Issue: | 3 |
Start Page Number: | 741 |
End Page Number: | 755 |
Publication Date: | Nov 2005 |
Journal: | European Journal of Operational Research |
Authors: | Nakamori Yoshiteru, Ma Tieju |
Keywords: | simulation: applications, innovation |
This paper describes a multi-agent model built to simulate the process of technological innovation, based on the widely accepted theory that technological innovation can be seen as an evolutionary process. The actors in the simulation include producers and a large number of consumers. Every producer will produce several types of products at each step. Each product is composed of several design parameters and several performance parameters (fitness components). Kauffman's famous