What is agent-based modeling?
A) Identifying patterns of user's behaviors and buying habits
B) Simulating human organizations using a multi-agent system
C) Observing and analyzing competitor information and the environmental factors influencing their behavior
D) Building algorithms that monitor, and react to, your business partners' service and product needs

Question

Quizplus · Accepted Answer

Agent-based modeling involves simulating the behavior of human organizations using a multi-agent system, where each agent represents an individual or group with its own set of rules and goals. This approach allows for the exploration of complex systems and relationships between agents in a way that traditional modeling techniques cannot easily capture. Options A, C, and D all involve data analysis and algorithm development but do not directly relate to agent-based modeling.

What Is Agent-Based Modeling