The Yantai Urban Economic Development Assessment Simulator

New Contributions in Information Systems and Technologies 2015
Egils Ginters, Artis Aizstrauts, Inita Sakne, Miquel Angel Piera Eroles, Roman Buil, Boyong Wang

Economic development simulation is an important component of policy crafting. The possibility of testing potential solutions and selecting the most applicable is the basis of successful development. The article deals with the Yantai Urban Economic Development Assessment simulator, which is based on a multi agent-based (ABM/MAS) simulation model that is comprised of the resource consumption function minimization algorithm. The aim of the simulation is to rank industries in conformity with resource consumption, influence on the environment and income paid into the budget of the city. The simulator allows the administration of the city to elaborate justified decisions about the promotion of successful enterprises and the closing unsatisfactory ones.

Keywords
Agent-based simulation; Decision support system; Economic development simulator; Policy modeling
DOI
10.1007/978-3-319-16486-1_62
Hyperlink
http://link.springer.com/chapter/10.1007%2F978-3-319-16486-1_62

Ginters, E., Aizstrauts, A., Sakne, I., Piera Eroles, M., Buil, R., Wang, B. The Yantai Urban Economic Development Assessment Simulator. In: New Contributions in Information Systems and Technologies. Vol.1. Cham: Springer, 2015. pp.629-639. ISBN 978-3-319-16485-4. e-ISBN 978-3-319-16486-1. ISSN 2194-5357. Available from: doi:10.1007/978-3-319-16486-1_62

Publication language
English (en)