Ventana software support forum

Greetings.

I'm a student form Latvia, and I am writing a bachelor’s degree work - Agent based modeling using Vensim. In the practical part of my work, I need to create a model using Vensim. My lecturer suggested me to make a model with few rival bussines companies, that influence each other, but I don't have a clue how to create such a model. Maby someone can help me by showing an example of a similar model?

Thanks a lot for your help,

Andris

Hi

Here is joined a model, with two companies faced with a pricing strategy and how much to devote of their cash to find new customers.
It will take you some time to study the model, to find eventual bugs, and to make it evoluate as you like.
the pricing strategy and the amount of cash may vary through the time too.
You should study too Sterman's book and strategy dynamics from Kim Warren too.

It took me two hours to build the model, but it will take many more to analyse the results.
Regards.
JJ

Thank you very much, you don' t even know what a big help you have been.

Andris