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The Oxford Handbook of Agent-based Computational Management Science
Friederike Wall, Shu-Heng Chen, Stephan Leitner
Page: 492
Format: pdf, ePub, mobi, fb2
ISBN: 9780197668122
Publisher: Oxford University Press

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Overview
Over the past few decades, agent—based modelling and agent—based computational technologies have spread into research on business and management. Agent—based modelling takes account of individual behavior alongside interactions within and across organizations and their competitive environment, seeking to explain complex, macro—level patterns emerging from micro—level behavior. These characteristics make an agent—based approach useful for studying a number of open issues in management, including adaptive behavior and dynamics in and across organizations, variable outcomes caused by management practices, and bridging micro—and macro—levels in organizational analysis.

In The Oxford Handbook of Agent—based Computational Management Science, Friederike Wall, Shu—Heng Chen, and Stephan Leitner bring together a wide array of experts in the field to give a comprehensive overview of this novel approach in management science. In particular, the volume focuses on adaptive behavior and dynamics in and across organizations, non—linearities caused by management practices, and bridging micro—and macro—levels in organizational analysis. The Handbook addresses two purposes of agent—based approaches in management science. First, the volume shows how an agent—based approach advances theory—building in management. Second, it provides an overview of agent—based technologies employed for more practical issues in management. These comprise, for example, a normative understanding of systems design, such as determining which designs provide good results.

An indispensable resource on agent—based modeling in management science, this Handbook introduces its current state from theoretical and operational perspectives and discusses its future opportunities.