Review: Handbook of Real-World Applications in Modeling and Simulation (Wiley Handbooks in Operations Research and Management Science)

A review of agent-based modeling (ABM) concepts and some of its main applications in management science

We live in a very complex world where we face complex phenomena such as social norms and new technologies. To deal with such phenomena, social scientists often use reductionism approach where they reduce them to some lower-lever variables and model the relationships among them through a scheme of equations. This approach that is called equation based modeling (EBM) has some basic weaknesses in ...

Operations Research and Management Science Handbook

Handbook in Operations Research and Management Science Volume on \networks" Chapter on \design of Survivable Networks"

Principles and Applications of Operations Research

This chapter will provide an overview of Operations Research (O.R.) from the perspective of an industrial engineer. The focus of the chapter is on the basic philosophy behind O.R. and the so-called “O.R. approach” to solving design and operational problems that industrial engineers commonly encounter. In its most basic form, O.R. may be viewed as a scientific approach to solving problems; it ab...

Volatility models

Chapter written for the Handbook of Volatility Models and their Applications, edited by Luc Bauwens, Christian Hafner, and Sébastien Laurent, forthcoming in 2012 (John Wiley & sons). This chapter presents an introductory review of volatility models and some applications. The review is linked with the other chapters that contain more detailed presentations.