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Magic pelagic - An agent-based simulation of 20 years of emergent value accumulation in the North Atlantic herring exchange system
Department of Innovation and Economic Organization, BI Norwegian School of Management, Oslo, Norwa.ORCID iD: 0000-0002-6646-9798
2009 (English)In: Industrial Marketing Management, ISSN 0019-8501, E-ISSN 1873-2062, Vol. 38, no 5, 529-540 p.Article in journal (Refereed) Published
Abstract [en]

This paper presents an empirically-based simulation of an industrial network modeled as an exchange system. It uses a multi-agent simulation model to test for how variations in uncertainty of the input resource and how the changing demand patterns affect the accumulation and distribution of exchange values in the system as a whole. The empirical material is a case study of an industrial network connecting herring supply with demand. This particular network comprises two separate but related sub-networks, identifiable based on the origin of the herring as coming from either Norwegian or Icelandic catchers. While both target the same potential customers in terms of wholesalers and retailers and ultimately European and Asian consumers, they are distinct in their internal organizing aspects. The results indicate that certain types of internal organizing are more adaptive to changes in conditions and are better suited to absorb these changes. The paper contributes to both a theory and method emphasizing the modeling of emergent nonlinear patterns of networks. (C) 2009 Elsevier Inc. All rights reserved.

Place, publisher, year, edition, pages
2009. Vol. 38, no 5, 529-540 p.
Keyword [en]
Industrial networks, Value creation, Exchange systems, Primary industries, Case study, Simulation
National Category
Business Administration
Research subject
Business Studies
Identifiers
URN: urn:nbn:se:oru:diva-40882DOI: 10.1016/j.indmarman.2008.09.004ISI: 000268515100007Scopus ID: 2-s2.0-67649421601OAI: oai:DiVA.org:oru-40882DiVA: diva2:779077
Conference
IMP Conference 2007, 2007, Manchester, ENGLAND
Available from: 2015-01-12 Created: 2015-01-12 Last updated: 2015-04-23Bibliographically approved

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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf