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Managing Business Complexity

Managing Business Complexity

ISBN 9780195172119
Publisher Oxford University Press Inc
Author(s)
Publication Date
Overview
Agent-based modeling and simulation (ABMS) is a developing technique for understanding emergent behavior in complex systems. Pioneered by the Santa Fe Institute, it is a flexible managerial tool that offers a way to examine the robustness of particular solutions a manager might be considering. It helps managers simulate a large number of choices by individual actors and determine the consequences of other actors adapting to their decisions. This book is a focused, applicable introduction to business ABMS for senior executives and managers.
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