Agent-based Simulation of Durables Dynamic Pricing

A Simulation-based Approach to Dynamic Pricing

By employing dynamic pricing, the act of changing prices over time within a marketplace, sellers have the potential to increase their revenue by selling goods to buyers "at the right time, at the right price." Software agents have been used in electronic commerce systems to assist buyers, but there is limited use of selling agents in today's markets. As dynamic pricing systems become necessary ...

Agent-based Approaches to Dynamic Team Simulation

A Multi-agent Based Pricing : a Virtual Stock Market Simulation

We introduce in this paper a new conceptual model representing the stock market dynamics. This model is essentially based on cognitive behavior of the investors. In order to validate our model, we build an artificial stock market simulation based on agent-oriented methodologies. The proposed simulator is composed of market supervisor agent essentially responsible for executing transactions via ...

Dynamic Simulation of CNTFET-Based Digital Circuits

   In this paper we propose a simulation study to carry out dynamic analysis of CNTFET-based digital circuit, introducing in the semi-empirical compact model for CNTFETs, already proposed by us, both the quantum capacitance effects and the sub-threshold currents. To verify the validity of the obtained results, a comparison with Wong model was carried out. Our mode...

A Simulation-based Approximation Algorithm for Dynamic Marginal Cost Pricing

This work offers a simulation-based approximation algorithm for dynamic marginal cost pricing (MCP) that is a direct extension of static MCP. The algorithm approximates the time-dependent marginal costs, and is incorporated into the inner approximation dynamic user equilibrium algorithm to evaluate the results of dynamic MCP, which are then compared to static assignment results with MCP from pr...