An Exploratory Study on Policy Evaluation of Tourism by Using Agent-Based Model

Atsumi Nakamura, Hiroshi Takahashi

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

This study examines the effectiveness of pricing strategies in business hotels. Through the analysis, we will attempt to identify the impact on the lease period and sales of business hotels, and how it changes with the introduction of policy simulation. In this study, pricing strategy is considered as a policy. Through Agent-Based Simulation, we will match borrower and lender agents and analyze the results of the balance between supply and demand, and we will consider pricing strategy in our analysis. We will measure the policy effects from individual strategies, using the framework created by previous studies that considered prices. A bottom-up policy evaluation will be conducted, and exploratory studies will be conducted to determine that it is an effective tool.

Original languageEnglish
Title of host publicationAgents and Multi-Agent Systems
Subtitle of host publicationTechnologies and Applications 2021 - Proceedings of 15th KES International Conference, KES-AMSTA 2021
EditorsG. Jezic, J. Chen-Burger, M. Kusek, R. Sperka, R. J. Howlett, Lakhmi C. Jain, Lakhmi C. Jain, Lakhmi C. Jain
PublisherSpringer Science and Business Media Deutschland GmbH
Pages231-241
Number of pages11
ISBN (Print)9789811629938
DOIs
Publication statusPublished - 2021
Externally publishedYes
Event15th International KES Conference on Agent and Multi-Agent Systems-Technologies and Applications, KES-AMSTA 2021 - Virtual, Online
Duration: 2021 Jun 142021 Jun 16

Publication series

NameSmart Innovation, Systems and Technologies
Volume241
ISSN (Print)2190-3018
ISSN (Electronic)2190-3026

Conference

Conference15th International KES Conference on Agent and Multi-Agent Systems-Technologies and Applications, KES-AMSTA 2021
CityVirtual, Online
Period21/6/1421/6/16

Keywords

  • A bottom-up policy
  • Agent-based simulation
  • Business hotel
  • Pricing strategies
  • Tourism

ASJC Scopus subject areas

  • Decision Sciences(all)
  • Computer Science(all)

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