Business competition dynamics: agent-based modeling simulations of firms in search of economic performance

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Bibliographic Details
Main Author: Queiroz, Marco Aurélio Lima de
Other Authors: Escolas::EAESP
Language:English
Published: 2011
Subjects:
Online Access:http://hdl.handle.net/10438/8170
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Summary:Submitted by Cristiane Oliveira (cristiane.oliveira@fgv.br) on 2011-05-24T14:38:04Z No. of bitstreams: 1 71070100736.pdf: 4813549 bytes, checksum: 4b466ead23b0b18a6810a4a640824037 (MD5) === Approved for entry into archive by Gisele Isaura Hannickel(gisele.hannickel@fgv.br) on 2011-05-24T14:59:28Z (GMT) No. of bitstreams: 1 71070100736.pdf: 4813549 bytes, checksum: 4b466ead23b0b18a6810a4a640824037 (MD5) === Approved for entry into archive by Gisele Isaura Hannickel(gisele.hannickel@fgv.br) on 2011-05-24T15:03:02Z (GMT) No. of bitstreams: 1 71070100736.pdf: 4813549 bytes, checksum: 4b466ead23b0b18a6810a4a640824037 (MD5) === Made available in DSpace on 2011-05-24T15:12:02Z (GMT). No. of bitstreams: 1 71070100736.pdf: 4813549 bytes, checksum: 4b466ead23b0b18a6810a4a640824037 (MD5) Previous issue date: 2010-12-07 === The intent of this work is to explore dynamics of business competition through agentbased modeling simulations of firms searching for performance in markets configured as fitness landscapes. Building upon a growing number of studies in management science that utilizes simulation methods and analogies to Kauffman´s model of biological evolution, we developed a computer model to emulate competition and observe whether different search methods matter, under varied conditions. This study also explores potential explanations for the persistence of above and below average performances of firms under competition. === A intenção deste trabalho é explorar dinâmicas de competição por meio de “simulação baseada em agentes”. Apoiando-se em um crescente número de estudos no campo da estratégia e teoria das organizações que utilizam métodos de simulação, desenvolveu-se um modelo computacional para simular situações de competição entre empresas e observar a eficiência relativa dos métodos de busca de melhoria de desempenho teorizados. O estudo também explora possíveis explicações para a persistência de desempenho superior ou inferior das empresas, associados às condições de vantagem ou desvantagem competitiva