An urn-ball probabilistic model of the labor market is developed. Agents can be employed, (voluntary or involuntary) unemployed or entrepreneurs. The analytical long run equilibri...
Analytical modeling is an alternative to detailed performance simulation with the potential to shorten the development cycle and provide additional insights. This paper proposes a...
This paper presents a discussion of simulation-related issues arising in the study of self-similar network traffic with respect to its effect and control. Selfsimilar traffic has...
Agent-based simulation provides a methodology to investigate complex systems behavior, such as supply chains, while incorporating many empirical elements relative to both systems ...
A stochastic formulation of the Analytic Hierarchy Process (AHP) using an approach based on Bayesian categorical data models has been developed. However, in categorical data model...