English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Global: Zendy Plus annual

Presents the access of premium content as premium feature

Premium Content

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Global: Zendy Plus monthly

Global: Zendy Tools annual

Global: Zendy Tools monthly

Global: Zendy Free Plan

An agent-based model for firms' dynamics is developed. The model consists offirm agents with identical characteristic parameters and a bank agent. Dynamicsof those agents is described by their balance sheets. Each firm tries tomaximize its expected profit with possible risks in market. Infinite growth ofa firm directed by the "profit maximization" principle is suppressed by aconcept of "going concern". Possibility of bankruptcy of firms is alsointroduced by incorporating a retardation effect of information on firms'decision. The firms, mutually interacting through the monopolistic bank, becomeheterogeneous in the course of temporal evolution. Statistical properties offirms' dynamics obtained by simulations based on the model are discussed inlight of observations in the real economy.

Agent-Based Model Approach to Complex Phenomena in Real Economy