{"id":"https://openalex.org/W2575648712","doi":"https://doi.org/10.1057/s41273-016-0045-6","title":"Simulation and forecasting of digital pricing models for an e-procurement platform using an agent-based simulation model","display_name":"Simulation and forecasting of digital pricing models for an e-procurement platform using an agent-based simulation model","publication_year":2017,"publication_date":"2017-01-18","ids":{"openalex":"https://openalex.org/W2575648712","doi":"https://doi.org/10.1057/s41273-016-0045-6","mag":"2575648712"},"language":"en","primary_location":{"id":"doi:10.1057/s41273-016-0045-6","doi":"https://doi.org/10.1057/s41273-016-0045-6","is_oa":false,"landing_page_url":"https://doi.org/10.1057/s41273-016-0045-6","pdf_url":null,"source":{"id":"https://openalex.org/S207180383","display_name":"Journal of Simulation","issn_l":"1747-7778","issn":["1747-7778","1747-7786","1774-7786"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-class-a","anvur-scientific","cwts-core","dongbi-d","jufo-1","norway-1","poland-70","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Simulation","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5027499624","display_name":"Aneesh Zutshi","orcid":"https://orcid.org/0000-0002-2211-2957","observed_orcids":["https://orcid.org/0000-0002-2211-2957"]},"institutions":[{"id":"https://openalex.org/I83558840","display_name":"Universidade Nova de Lisboa","ror":"https://ror.org/02xankh89","country_code":"PT","type":"education","lineage":["https://openalex.org/I83558840"]}],"countries":["PT"],"is_corresponding":true,"raw_author_name":"Aneesh Zutshi","raw_affiliation_strings":["DEMI, Faculdade de Ciencias e Tecnologia, Universidade Nova de Lisboa, Caparica, Portugal"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"DEMI, Faculdade de Ciencias e Tecnologia, Universidade Nova de Lisboa, Caparica, Portugal","institution_ids":["https://openalex.org/I83558840"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5051241843","display_name":"Ant\u00f3nio Grilo","orcid":"https://orcid.org/0000-0002-6045-9994","observed_orcids":["https://orcid.org/0000-0002-6045-9994"]},"institutions":[{"id":"https://openalex.org/I83558840","display_name":"Universidade Nova de Lisboa","ror":"https://ror.org/02xankh89","country_code":"PT","type":"education","lineage":["https://openalex.org/I83558840"]}],"countries":["PT"],"is_corresponding":false,"raw_author_name":"Antonio Grilo","raw_affiliation_strings":["DEMI, Faculdade de Ciencias e Tecnologia, Universidade Nova de Lisboa, Caparica, Portugal"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"DEMI, Faculdade de Ciencias e Tecnologia, Universidade Nova de Lisboa, Caparica, Portugal","institution_ids":["https://openalex.org/I83558840"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5086847390","display_name":"Tahereh Nodehi","orcid":"https://orcid.org/0000-0001-8700-4992","observed_orcids":["https://orcid.org/0000-0001-8700-4992"]},"institutions":[{"id":"https://openalex.org/I83558840","display_name":"Universidade Nova de Lisboa","ror":"https://ror.org/02xankh89","country_code":"PT","type":"education","lineage":["https://openalex.org/I83558840"]}],"countries":["PT"],"is_corresponding":false,"raw_author_name":"Tahereh Nodehi","raw_affiliation_strings":["DEMI, Faculdade de Ciencias e Tecnologia, Universidade Nova de Lisboa, Caparica, Portugal"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"DEMI, Faculdade de Ciencias e Tecnologia, Universidade Nova de Lisboa, Caparica, Portugal","institution_ids":["https://openalex.org/I83558840"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5023974543","display_name":"Ahmad Mehrbod","orcid":"https://orcid.org/0000-0002-2837-0324","observed_orcids":["https://orcid.org/0000-0002-2837-0324"]},"institutions":[{"id":"https://openalex.org/I83558840","display_name":"Universidade Nova de Lisboa","ror":"https://ror.org/02xankh89","country_code":"PT","type":"education","lineage":["https://openalex.org/I83558840"]}],"countries":["PT"],"is_corresponding":false,"raw_author_name":"Ahmad Mehrbod","raw_affiliation_strings":["DEMI, Faculdade de Ciencias e Tecnologia, Universidade Nova de Lisboa, Caparica, Portugal"],"raw_orcid":"https://orcid.org/0000-0002-2837-0324","affiliations":[{"raw_affiliation_string":"DEMI, Faculdade de Ciencias e Tecnologia, Universidade Nova de Lisboa, Caparica, Portugal","institution_ids":["https://openalex.org/I83558840"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5041536184","display_name":"Ricardo Jardim\u2010Gon\u00e7alves","orcid":"https://orcid.org/0000-0002-3703-6854","observed_orcids":["https://orcid.org/0000-0002-3703-6854","https://orcid.org/0000-0002-8457-4479"]},"institutions":[{"id":"https://openalex.org/I83558840","display_name":"Universidade Nova de Lisboa","ror":"https://ror.org/02xankh89","country_code":"PT","type":"education","lineage":["https://openalex.org/I83558840"]}],"countries":["PT"],"is_corresponding":false,"raw_author_name":"Ricardo Jardim-Goncalves","raw_affiliation_strings":["DEMI, Faculdade de Ciencias e Tecnologia, Universidade Nova de Lisboa, Caparica, Portugal"],"raw_orcid":"https://orcid.org/0000-0002-3703-6854","affiliations":[{"raw_affiliation_string":"DEMI, Faculdade de Ciencias e Tecnologia, Universidade Nova de Lisboa, Caparica, Portugal","institution_ids":["https://openalex.org/I83558840"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5027499624"],"corresponding_institution_ids":["https://openalex.org/I83558840"],"apc_list":null,"apc_paid":null,"fwci":0.4847,"has_fulltext":false,"cited_by_count":7,"citation_normalized_percentile":{"value":0.68845349,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":96},"biblio":{"volume":"12","issue":"3","first_page":"211","last_page":"224"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11195","display_name":"Simulation Techniques and Applications","score":0.5238999724388123,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11195","display_name":"Simulation Techniques and Applications","score":0.5238999724388123,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10456","display_name":"Multi-Agent Systems and Negotiation","score":0.22450000047683716,"subfield":{"id":"https://openalex.org/subfields/1702","display_name":"Artificial Intelligence"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.10080000013113022,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/e-procurement-platforms","display_name":"e-procurement platforms","score":0.8899999856948853},{"id":"https://openalex.org/keywords/agent-based-modeling","display_name":"agent-based modeling","score":0.875},{"id":"https://openalex.org/keywords/business-forecasting","display_name":"business forecasting","score":0.6909999847412109},{"id":"https://openalex.org/keywords/decision-support","display_name":"decision support","score":0.828000009059906},{"id":"https://openalex.org/keywords/genetic-algorithm-optimization","display_name":"genetic algorithm optimization","score":0.6850000023841858},{"id":"https://openalex.org/keywords/revenue-impact","display_name":"revenue impact","score":0.7979999780654907}],"concepts":[{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.7901211977005005},{"id":"https://openalex.org/C201650216","wikidata":"https://www.wikidata.org/wiki/Q829492","display_name":"Procurement","level":2,"score":0.6642028093338013},{"id":"https://openalex.org/C68991459","wikidata":"https://www.wikidata.org/wiki/Q11700776","display_name":"Value proposition","level":2,"score":0.589592456817627},{"id":"https://openalex.org/C2779391423","wikidata":"https://www.wikidata.org/wiki/Q17009728","display_name":"Dynamic pricing","level":2,"score":0.5762185454368591},{"id":"https://openalex.org/C195487862","wikidata":"https://www.wikidata.org/wiki/Q850210","display_name":"Revenue","level":2,"score":0.5447649955749512},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.49091440439224243},{"id":"https://openalex.org/C2780873155","wikidata":"https://www.wikidata.org/wiki/Q392811","display_name":"Agent-based model","level":2,"score":0.48267462849617004},{"id":"https://openalex.org/C167221231","wikidata":"https://www.wikidata.org/wiki/Q672307","display_name":"NetLogo","level":2,"score":0.46675920486450195},{"id":"https://openalex.org/C2780193402","wikidata":"https://www.wikidata.org/wiki/Q3394670","display_name":"Pricing strategies","level":2,"score":0.4486355185508728},{"id":"https://openalex.org/C13736549","wikidata":"https://www.wikidata.org/wiki/Q4489420","display_name":"Industrial engineering","level":1,"score":0.3735617995262146},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.23518970608711243},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.1979861557483673},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.14336010813713074},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.13229906558990479},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.1201528012752533},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.0971868634223938},{"id":"https://openalex.org/C199360897","wikidata":"https://www.wikidata.org/wiki/Q9143","display_name":"Programming language","level":1,"score":0.0},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1057/s41273-016-0045-6","doi":"https://doi.org/10.1057/s41273-016-0045-6","is_oa":false,"landing_page_url":"https://doi.org/10.1057/s41273-016-0045-6","pdf_url":null,"source":{"id":"https://openalex.org/S207180383","display_name":"Journal of Simulation","issn_l":"1747-7778","issn":["1747-7778","1747-7786","1774-7786"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-class-a","anvur-scientific","cwts-core","dongbi-d","jufo-1","norway-1","poland-70","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Simulation","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:taf:tjsmxx:v:12:y:2018:i:3:p:211-224","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/10.1057/s41273-016-0045-6","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":41,"referenced_works":["https://openalex.org/W5418602","https://openalex.org/W159331010","https://openalex.org/W1495750374","https://openalex.org/W1967179990","https://openalex.org/W1968780678","https://openalex.org/W1973121173","https://openalex.org/W1974649933","https://openalex.org/W1974869347","https://openalex.org/W1975132490","https://openalex.org/W1980371353","https://openalex.org/W1982002873","https://openalex.org/W1982790892","https://openalex.org/W1988087808","https://openalex.org/W1995152930","https://openalex.org/W2011448273","https://openalex.org/W2015249661","https://openalex.org/W2030356001","https://openalex.org/W2038968782","https://openalex.org/W2059636863","https://openalex.org/W2068041817","https://openalex.org/W2070033173","https://openalex.org/W2074661292","https://openalex.org/W2076872793","https://openalex.org/W2081465701","https://openalex.org/W2102738945","https://openalex.org/W2102924501","https://openalex.org/W2103432858","https://openalex.org/W2114908519","https://openalex.org/W2123856861","https://openalex.org/W2130067743","https://openalex.org/W2146735662","https://openalex.org/W2148882533","https://openalex.org/W2151610952","https://openalex.org/W2172173652","https://openalex.org/W2265720734","https://openalex.org/W2280921101","https://openalex.org/W2341920059","https://openalex.org/W2497585850","https://openalex.org/W2955195098","https://openalex.org/W2988934653","https://openalex.org/W4232500316"],"related_works":["https://openalex.org/W5418602","https://openalex.org/W7100222182","https://openalex.org/W2395394565","https://openalex.org/W2038968782","https://openalex.org/W343344610","https://openalex.org/W2033788041","https://openalex.org/W1508305242","https://openalex.org/W7201972277","https://openalex.org/W4389493016","https://openalex.org/W3111637869"],"abstract_inverted_index":{"Online":[0],"businesses":[1],"can":[2],"be":[3],"represented":[4],"as":[5,98],"a":[6,24,61],"complex":[7,35],"interaction":[8],"of":[9,18,43,64,90,106],"interconnected":[10],"online":[11,20],"users":[12],"responding":[13],"to":[14,32,94,102],"the":[15,41,48,65,104],"value":[16],"proposition":[17],"an":[19,99],"company.":[21],"We":[22],"propose":[23,95],"Dynamic":[25],"Agent-Based":[26],"Modeling":[27],"framework":[28,38],"(DYNAMOD)":[29],"that":[30,46],"aims":[31],"explain":[33],"these":[34],"dynamics.":[36],"This":[37],"aids":[39],"in":[40,69],"creation":[42],"simulation":[44],"models":[45],"mimic":[47],"actual":[49],"market":[50],"behavior":[51],"and":[52,56,78],"perform":[53],"business":[54],"forecasting":[55],"decision":[57],"support":[58],"functions.":[59],"Through":[60],"case":[62],"study":[63],"largest":[66],"e-procurement":[67],"provider":[68],"Portugal":[70],"\u2013":[71],"Vortal.biz,":[72],"we":[73],"simulate":[74],"their":[75],"pricing":[76,84,107],"model":[77,97],"analyze":[79],"revenue":[80],"impact":[81,105],"by":[82],"optimizing":[83],"using":[85],"genetic":[86],"algorithms.":[87],"The":[88],"objective":[89],"this":[91],"research":[92],"is":[93],"agent-based":[96],"effective":[100],"method":[101],"forecast":[103],"decisions.":[108]},"counts_by_year":[{"year":2024,"cited_by_count":2},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":1},{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":1}],"updated_date":"2026-10-14T16:39:01.820549","created_date":"2017-01-26T00:00:00"}