Fluctuation in multi-agent system of supermarket chain network

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Abstract

Resource allocation on a supermarket chain network in shopping malls is modeled by a Multi-Agent System describing competition and cooperation between branches of companies. Shops are occupied by one of two companies, B (black) or W (white) and they compete with each other for domination. Fluctuation in the market share is measured as a function of noise, which is a result of advertisement and discount between competing agents. Existence of a critical value of noise level where competition drives large fluctuation in the market share is demonstrated by results in Monte Carlo simulation. © Springer-Verlag 2003.

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Szeto, K. Y., & Kong, C. (2004). Fluctuation in multi-agent system of supermarket chain network. Lecture Notes in Computer Science (Including Subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics), 2690, 114–118. https://doi.org/10.1007/978-3-540-45080-1_17

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