Simulating market dynamics with CD++

Abstract

CD++ is an implementation of the Cell-DEVS formalism, which has been used to simulate various complex systems. In this study, we constructed a Cell-DEVS to simulate the dynamics of a dual market. Using new features of CD++, we obtained accurate results taking into account consumers' purchasing history. The resulting model allows fast execution, easier model implementation and maintenance. © Springer-Verlag Berlin Heidelberg 2005.