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Highway project construction is a complex system. The choice of highway route plan is the key job in decision-making and design phase before the construction of highway project. The highway alignment decision-making includes a lot of uncertain risk factors in the complex environment, the uncertain risk factors have characteristic of the dynamic change, the multiple risk factors action, cross-coupling...
Electricity markets are complex systems due to their deregulation and restructuring. We develop an agent-based simulation model for a stylized electricity pool market and simulate the market as a repeated game. An online hill climbing with adjustment algorithm is applied to generator agents to guide them to bid strategically to reach their expected market share. It is observed that accurate (or genial)...
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