An Multi-agent-based Model for Consumer Panic Buying Behavior
DOI:
https://doi.org/10.54097/fbem.v8i3.7919Keywords:
Consumer panic buying, Agent-based model, Simulation.Abstract
With the increase of natural disasters and man-made threats, panic buying phenomenon is also on the rise, causing serious impacts on social stability, economic order, business management and consumer psychology. In this study, multi-agent-based simulation (MABS) approach is used to construct a consumer panic buying behavior model to capture the dynamics of consumer behavior and demand volatility, and to quantitatively analyze the characteristics of consumer panic buying behavior in different supply level.
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References
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