Optimization of Manufacturers Behaviour On the Basis of a Local Economic Agent-Based Model Implementation

Abstract

Abstract In the era of globalization, local economic structures have not lost their significance and must be in the focus of a scientific research. Optimization problem solution could become a solid theoretical foundation for a local economic system effective functioning. To express an objective function in the analytical form in order to implement precise mathematical methods is impossible for a complex system, an economic system has proved to be such type system. Methods based on simulation are believed to be effective for finding solutions of a wide range of optimization problems. This paper details findings of the research aimed at solving optimization problem in terms of revealing optimal agent behavior in the course of exchanges in a local economic system on the basis of agent-based modeling usage.