Title
Simulating Digital Businesses using an Agent Based Modeling approach
Abstract
This paper proposes a complex systems approach to understand the growth and decline of Digital Businesses. Digital Businesses are characterised by unique factors such as a highly networked online customer base, where word of mouth spreads very fast, and minimal cost of incremental users due to economies of scale. Thus online businesses peak and plummet rapidly making it difficult to fathom their success. Through an Agent Based Modeling approach we propose that online businesses can be represented as simulation models which can enable forecasting, what-if analysis and optimization of business parameters.
Year
Venue
Keywords
2014
2014 11th International Conference on e-Business (ICE-B)
Digital Business Models,Agent Based Modeling,Business Forecasting,Business Simulation
Field
DocType
ISBN
Artifact-centric business process model,Fathom,Computer science,Process modeling,Business simulation,Simulation modeling,Word of mouth,Customer base,Economies of scale,Marketing
Conference
978-1-4673-9242-6
Citations 
PageRank 
References 
0
0.34
7
Authors
3
Name
Order
Citations
PageRank
Aneesh Zutshi1234.44
Antonio Grilo215511.80
Ricardo Jardim-Goncalves336731.52