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What is Computational Model

Handbook of Research on Nature-Inspired Computing for Economics and Management
A simplification of a real system that can be analytically understood and/or run as a computer simulation.
Published in Chapter:
Competitive Advantage of Geographical Clusters
V. Albino (Politecnico di Bari, Italy)
DOI: 10.4018/978-1-59140-984-7.ch022
Abstract
This chapter deals with complexity science issues from two sides: from one side, it uses complexity science concepts to give new contributions to the theoretical understanding of geographical clusters (GCs); from the other side, it presents an application of complexity science tools such as emergent (bottom-up) simulation, using agent-based modeling to study the sources of GC competitive advantage. Referring to the first direction, complexity science is used as a conceptual framework to identify the key structural conditions of GCs that give them the adaptive capacity, so assuring their competitive advantage. Regarding the methodological approach, the agent-based simulation is used to analyze the dynamics of GCs. To this aim, we model the main characteristics of GCs and carry out a simulation analysis to observe that the behaviors of GCs are coherent with the propositions built up on the basis of complexity science literature.
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Behavioral Modeling
A model composed of computable representations and processes that when run for some given set of inputs generates behavior associated with the system being modeled.
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Pharmacokinetics of Polymeric Nanoparticles at Whole Body, Organ, Cell, and Molecule Levels
A mathematical model that simulates the behavior of a complex system based on knowledge of that system.
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Modeling of the Aerodisperse Systems Hydrodynamics in Devices With Directional Motion of the Fluidized Bed
A mathematical model in computational science that requires extensive computational resources to study the behaviour of a complex system by computer simulation.
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Computer Simulation of the Aerodisperse Systems Hydrodynamics in Granulation and Drying Apparatus
A mathematical model in computational science that requires extensive computational resources to study the behavior of a complex system by computer simulation.
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