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Agent-based Modeling and Simulation
Often models for understanding the impact of management practices on retail performance are developed under the assumption of stability, equilibrium and linearity, whereas retail operations are considered in reality to be dynamic, non-linear and complex. Alternatively, discrete event and agent-based modelling are approaches that allow the development of simulation models of heterogeneous non-equilibrium systems for testing out different scenarios. When developing simulation models one has todoi:10.1057/9781137453648.0009 fatcat:mwomjcrt4je6pbamwxxga3eymm