Interaction without commitments: an initial approach
Proceedings of the fifth international conference on Autonomous agents
Distributed Intelligent Agents
IEEE Expert: Intelligent Systems and Their Applications
Technological Efficiency and Organizational Inertia: A Model of the Emergence of Disruption
Computational & Mathematical Organization Theory
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It has been observed in many instances that markets have a tendency to segment themselves into distinct sub-markets. This paper presents a multi-agent model that illustrates emergent market segmentation. The model illustrates the way local optimization processes result in an emergent global improvement of social welfare.