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Articles 1 - 30 of 34
Full-Text Articles in Physical Sciences and Mathematics
Abmscore: A Heuristic Algorithm For Forming Strategic Coalitions In Agent-Based Simulation, Andrew J. Collins, Gayane Grigoryan
Abmscore: A Heuristic Algorithm For Forming Strategic Coalitions In Agent-Based Simulation, Andrew J. Collins, Gayane Grigoryan
Engineering Management & Systems Engineering Faculty Publications
Integrating human behavior into agent-based models has been challenging due to its diversity. An example is strategic coalition formation, which occurs when an individual decides to collaborate with others because it strategically benefits them, thereby increasing the expected utility of the situation. An algorithm called ABMSCORE was developed to help model strategic coalition formation in agent-based models. The ABMSCORE algorithm employs hedonic games from cooperative game theory and has been applied to various situations, including refugee egress and smallholder farming cooperatives. This paper discusses ABMSCORE, including its mechanism, requirements, limitations, and application. To demonstrate the potential of ABMSCORE, a new …
An Ioe Blockchain-Based Network Knowledge Management Model For Resilient Disaster Frameworks, Amir Javadpour, Farinaz Sabz Ali Pour, Arun Kumar Sangaiah, Weizhe Zhang, Forough Ja'far, Ashish Singh
An Ioe Blockchain-Based Network Knowledge Management Model For Resilient Disaster Frameworks, Amir Javadpour, Farinaz Sabz Ali Pour, Arun Kumar Sangaiah, Weizhe Zhang, Forough Ja'far, Ashish Singh
Engineering Management & Systems Engineering Faculty Publications
The disaster area is a constantly changing environment, which can make it challenging to distribute supplies effectively. The lack of accurate information about the required goods and potential bottlenecks in the distribution process can be detrimental. The success of a response network is dependent on collaboration, coordination, sovereignty, and equal distribution of relief resources. To facilitate these interactions and improve knowledge of supply chain operations, a reliable and dynamic logistic system is essential. This study proposes the integration of blockchain technology, the Internet of Things (IoT), and the Internet of Everything (IoE) into the disaster management structure. The proposed disaster …
Health Care Equity Through Intelligent Edge Computing And Augmented Reality/Virtual Reality: A Systematic Review, Vishal Lakshminarayanan, Aswathy Ravikumar, Harini Sriraman, Sujatha Alla, Vijay Kumar Chattu
Health Care Equity Through Intelligent Edge Computing And Augmented Reality/Virtual Reality: A Systematic Review, Vishal Lakshminarayanan, Aswathy Ravikumar, Harini Sriraman, Sujatha Alla, Vijay Kumar Chattu
Engineering Management & Systems Engineering Faculty Publications
Intellectual capital is a scarce resource in the healthcare industry. Making the most of this resource is the first step toward achieving a completely intelligent healthcare system. However, most existing centralized and deep learning-based systems are unable to adapt to the growing volume of global health records and face application issues. To balance the scarcity of healthcare resources, the emerging trend of IoMT (Internet of Medical Things) and edge computing will be very practical and cost-effective. A full examination of the transformational role of intelligent edge computing in the IoMT era to attain health care equity is offered in this …
Humans And The Core Partition: An Agent-Based Modeling Experiment, Andrew J. Collins, Sheida Etemadidavan
Humans And The Core Partition: An Agent-Based Modeling Experiment, Andrew J. Collins, Sheida Etemadidavan
Engineering Management & Systems Engineering Faculty Publications
Although strategic coalition formation is traditionally modeled using cooperative game theory, behavioral game theorists have repeatedly shown that outcomes predicted by game theory are different from those generated by actual human behavior. To further explore these differences, in a cooperative game theory context, we experiment to compare the outcomes resulting from human participants’ behavior to those generated by a cooperative game theory solution mechanism called the core partition. Our experiment uses an interactive simulation of a glove game, a particular type of cooperative game, to collect the participant’s decision choices and their resultant outcomes. Two different glove games are considered, …
Machine Learning In Requirements Elicitation: A Literature Review, Cheligeer Cheligeer, Jingwei Huang, Guosong Wu, Nadia Bhuiyan, Yuan Xu, Yong Zeng
Machine Learning In Requirements Elicitation: A Literature Review, Cheligeer Cheligeer, Jingwei Huang, Guosong Wu, Nadia Bhuiyan, Yuan Xu, Yong Zeng
Engineering Management & Systems Engineering Faculty Publications
A growing trend in requirements elicitation is the use of machine learning (ML) techniques to automate the cumbersome requirement handling process. This literature review summarizes and analyzes studies that incorporate ML and natural language processing (NLP) into demand elicitation. We answer the following research questions: (1) What requirement elicitation activities are supported by ML? (2) What data sources are used to build ML-based requirement solutions? (3) What technologies, algorithms, and tools are used to build ML-based requirement elicitation? (4) How to construct an ML-based requirements elicitation method? (5) What are the available tools to support ML-based requirements elicitation methodology? Keywords …
Exploring Blockchain Adoption Supply Chains: Opportunities And Challenges, Adrian V. Gheorghe, Omer F. Keskin, Farinaz Sabz Ali Pour
Exploring Blockchain Adoption Supply Chains: Opportunities And Challenges, Adrian V. Gheorghe, Omer F. Keskin, Farinaz Sabz Ali Pour
Engineering Management & Systems Engineering Faculty Publications
In modern supply chains, acquisition often occurs with the involvement of a network of organizations. The resilience, efficiency, and effectiveness of supply networks are crucial for the viability of acquisition. Disruptions in the supply chain require adequate communication infrastructure to ensure resilience. However, supply networks do not have a shared information technology infrastructure that ensures effective communication. Therefore decision-makers seek new methodologies for supply chain management resilience. Blockchain technology offers new decentralization and service delegation methods that can transform supply chains and result in a more flexible, efficient, and effective supply chain. This report presents a framework for the application …
Precursors Of Email Response To Cybersecurity Scenarios: Factor Exploration And Scale Development, Miguel A. Toro-Jarrin, Pilar Pazos-Lago, Miguel Padilla
Precursors Of Email Response To Cybersecurity Scenarios: Factor Exploration And Scale Development, Miguel A. Toro-Jarrin, Pilar Pazos-Lago, Miguel Padilla
Engineering Management & Systems Engineering Faculty Publications
In the last decade, information security research has further expanded to include human factors as key elements of the organization's cybersecurity infrastructure. Numerous factors from several theories have been explored to explain and predict the multitude of information security-related behaviors in organizations. Lately, there has been a call for the study of specific cybersecurity behaviors in contextualized scenarios that reflect specific and realistic situations of a potential cyber-attack. This paper focuses on precursors of email response in situations that can be the origin of cybersecurity incidents in organizations (i.e., phishing attacks, ransomware, etc.). This study explores participants' intentions to follow …
A Probabilistic Perspective Of Human-Machine Interaction, Mustafa Canan, Mustafa Demir, Samuel Kovacic
A Probabilistic Perspective Of Human-Machine Interaction, Mustafa Canan, Mustafa Demir, Samuel Kovacic
Engineering Management & Systems Engineering Faculty Publications
Human-machine interaction (HMI) has become an essential part of the daily routine in organizations. Although the machines are designed with state-of-the-art Artificial Intelligence applications, they are limited in their ability to mimic human behavior. The human-human interaction occurs between two or more humans; when a machine replaces a human, the interaction dynamics are not the same. The results indicate that a machine that interacts with a human can increase the mental uncertainty that a human experiences. Developments in decision sciences indicate that using quantum probability theory (QPT) improves the understanding of human decision-making than merely using classical probability theory (CPT). …
Blockchain For A Resilient, Efficient, And Effective Supply Chain, Evidence From Cases, Adrian Gheorghe, Farinaz Sabz Ali Pour, Unal Tatar, Omer Faruk Keskin
Blockchain For A Resilient, Efficient, And Effective Supply Chain, Evidence From Cases, Adrian Gheorghe, Farinaz Sabz Ali Pour, Unal Tatar, Omer Faruk Keskin
Engineering Management & Systems Engineering Faculty Publications
In the modern acquisition, it is unrealistic to consider single entities as producing and delivering a product independently. Acquisitions usually take place through supply networks. Resiliency, efficiency, and effectiveness of supply networks directly contribute to the acquisition system's resiliency, efficiency, and effectiveness. All the involved firms form a part of a supply network essential to producing the product or service. The decision-makers have to look for new methodologies for supply chain management. Blockchain technology introduces new methods of decentralization and delegation of services, which can transform supply chains and result in a more resilient, efficient, and effective supply chain. This …
A Monte-Carlo Analysis Of Monetary Impact Of Mega Data Breaches, Mustafa Canan, Omer Ilker Poyraz, Anthony Akil
A Monte-Carlo Analysis Of Monetary Impact Of Mega Data Breaches, Mustafa Canan, Omer Ilker Poyraz, Anthony Akil
Engineering Management & Systems Engineering Faculty Publications
The monetary impact of mega data breaches has been a significant concern for enterprises. The study of data breach risk assessment is a necessity for organizations to have effective cybersecurity risk management. Due to the lack of available data, it is not easy to obtain a comprehensive understanding of the interactions among factors that affect the cost of mega data breaches. The Monte Carlo analysis results were used to explicate the interactions among independent variables and emerging patterns in the variation of the total data breach cost. The findings of this study are as follows: The total data breach cost …
Ship Deck Segmentation In Engineering Document Using Generative Adversarial Networks, Mohammad Shahab Uddin, Raphael Pamie-George, Daron Wilkins, Andres Sousa Poza, Mustafa Canan, Samuel Kovacic, Jiang Li
Ship Deck Segmentation In Engineering Document Using Generative Adversarial Networks, Mohammad Shahab Uddin, Raphael Pamie-George, Daron Wilkins, Andres Sousa Poza, Mustafa Canan, Samuel Kovacic, Jiang Li
Engineering Management & Systems Engineering Faculty Publications
Generative adversarial networks (GANs) have become very popular in recent years. GANs have proved to be successful in different computer vision tasks including image-translation, image super-resolution etc. In this paper, we have used GAN models for ship deck segmentation. We have used 2D scanned raster images of ship decks provided by US Navy Military Sealift Command (MSC) to extract necessary information including ship walls, objects etc. Our segmentation results will be helpful to get vector and 3D image of a ship that can be later used for maintenance of the ship. We applied the trained models to engineering documents provided …
Enhancing Cyberweapon Effectiveness Methodology With Se Modeling Techniques: Both For Offense And Defense, C. Ariel Pinto, Matthew Zurasky, Fatine Elakramine, Safae El Amrani, Raed M. Jaradat, Chad Kerr, Vidanelage L. Dayarathna
Enhancing Cyberweapon Effectiveness Methodology With Se Modeling Techniques: Both For Offense And Defense, C. Ariel Pinto, Matthew Zurasky, Fatine Elakramine, Safae El Amrani, Raed M. Jaradat, Chad Kerr, Vidanelage L. Dayarathna
Engineering Management & Systems Engineering Faculty Publications
A recent cyberweapons effectiveness methodology clearly provides a parallel but distinct process from that of kinetic weapons – both for defense and offense purposes. This methodology promotes consistency and improves cyberweapon system evaluation accuracy – for both offensive and defensive postures. However, integrating this cyberweapons effectiveness methodology into the design phase and operations phase of weapons systems development is still a challenge. The paper explores several systems engineering modeling techniques (e.g., SysML) and how they can be leveraged towards an enhanced effectiveness methodology. It highlights how failure mode analyses (e.g., FMEA) can facilitate cyber damage determination and target assessment, how …
Interactive Agent-Based Simulation For Experimentation: A Case Study With Cooperatve Game Theory, Andrew J. Collins, Sheida Etemadidavan
Interactive Agent-Based Simulation For Experimentation: A Case Study With Cooperatve Game Theory, Andrew J. Collins, Sheida Etemadidavan
Engineering Management & Systems Engineering Faculty Publications
Incorporating human behavior is a current challenge for agent-based modeling and simulation (ABMS). Human behavior includes many different aspects depending on the scenario considered. The scenario context of this paper is strategic coalition formation, which is traditionally modeled using cooperative game theory, but we use ABMS instead; as such, it needs to be validated. One approach to validation is to compare the recorded behavior of humans to what was observed in our simulation. We suggest that using an interactive simulation is a good approach to collecting the necessary human behavior data because the humans would be playing in precisely the …
Human Characteristics Impact On Strategic Decisions In A Human-In-The-Loop Simulation, Andrew J. Collins, Shieda Etemadidavan
Human Characteristics Impact On Strategic Decisions In A Human-In-The-Loop Simulation, Andrew J. Collins, Shieda Etemadidavan
Engineering Management & Systems Engineering Faculty Publications
In this paper, a hybrid simulation model of the agent-based model and cooperative game theory is used in a human-in-the-loop experiment to study the effect of human demographic characteristics in situations where they make strategic coalition decisions. Agent-based modeling (ABM) is a computational method that can reveal emergent phenomenon from interactions between agents in an environment. It has been suggested in organizational psychology that ABM could model human behavior more holistically than other modeling methods. Cooperative game theory is a method that models strategic coalitions formation. Three characteristics (age, education, and gender) were considered in the experiment to see if …
A Blockchain-Enabled Model To Enhance Disaster Aids Network Resilience, Farinaz Sabz Ali Pour, Paul Niculescu-Mizil Gheorghe
A Blockchain-Enabled Model To Enhance Disaster Aids Network Resilience, Farinaz Sabz Ali Pour, Paul Niculescu-Mizil Gheorghe
Engineering Management & Systems Engineering Faculty Publications
The disaster area is a true dynamic environment. Lack of accurate information from the affected area create several challenges in distributing the supplies. The success of a disaster response network is based on collaboration, coordination, sovereignty, and equality in relief distribution. Therefore, a trust-based dynamic communication system is required to facilitate the interactions, enhance the knowledge for the relief operation, prioritize, and coordinate the goods distribution. One of the promising innovative technologies is blockchain technology which enables transparent, secure, and real-time information exchange and automation through smart contracts in a distributed technological ecosystem. This study aims to analyze the application …
Disaster Damage Categorization Applying Satellite Images And Machine Learning Algorithm, Farinaz Sabz Ali Pour, Adrian Gheorghe
Disaster Damage Categorization Applying Satellite Images And Machine Learning Algorithm, Farinaz Sabz Ali Pour, Adrian Gheorghe
Engineering Management & Systems Engineering Faculty Publications
Special information has a significant role in disaster management. Land cover mapping can detect short- and long-term changes and monitor the vulnerable habitats. It is an effective evaluation to be included in the disaster management system to protect the conservation areas. The critical visual and statistical information presented to the decision-makers can help in mitigation or adaption before crossing a threshold. This paper aims to contribute in the academic and the practice aspects by offering a potential solution to enhance the disaster data source effectiveness. The key research question that the authors try to answer in this paper is how …
Healthcare Robotics: Key Factors That Impact Robot Adoption In Healthcare, Sujatha Alla, Pilar Pazos
Healthcare Robotics: Key Factors That Impact Robot Adoption In Healthcare, Sujatha Alla, Pilar Pazos
Engineering Management & Systems Engineering Faculty Publications
In the current dynamic business environment, healthcare organizations are focused on improving patient satisfaction, performance, and efficiency. The healthcare industry is considered a complex system that is highly reliant of new technologies to support clinical as well as business processes. Robotics is one of such technologies that is considered to have the potential to increase efficiency in a wide range of clinical services. Although the use of robotics in healthcare is at the early stages of adoption, some studies have shown the capacity of this technology to improve precision, accessibility through less invasive procedures, and reduction of human error during …
An Attribute Agreement Method For Hfacs Inter-Rater Reliability Assessment, Teddy Steven Cotter, Veysel Yesilbas
An Attribute Agreement Method For Hfacs Inter-Rater Reliability Assessment, Teddy Steven Cotter, Veysel Yesilbas
Engineering Management & Systems Engineering Faculty Publications
Inter-rater reliability can be regarded as the degree of agreement among raters on a given item or a circumstance. Multiple approaches have been taken to estimate and improve inter-rater reliability of the United States Department of Defense Human Factors Analysis and Classification System used by trained accident investigators. In this study, three trained instructor pilots used the DoD-HFACS to classify 347 U.S. Air Force Accident Investigation Board (AIB) Class-A reports between the years of 2000 and 2013. The overall method consisted of four steps: (1) train on HFACS definitions, (2) verify rating reliability, (3) rate HFACS reports, and (4) random …
New Dimensions For A Challenging Security Environment: Growing Exposure To Critical Space Infrastructure Disruption Risk, Adrian V. Gheorghe, Alexandru Georgescu, Olga Bucovetchi, Marilena Lazăr, Cezar Scarlat
New Dimensions For A Challenging Security Environment: Growing Exposure To Critical Space Infrastructure Disruption Risk, Adrian V. Gheorghe, Alexandru Georgescu, Olga Bucovetchi, Marilena Lazăr, Cezar Scarlat
Engineering Management & Systems Engineering Faculty Publications
Space systems have become a key enabler for a wide variety of applications that are vital to the functioning of advanced societies. The trend is one of quantitative and qualitative increase of this dependence, so much so that space systems have been described as a new example of critical infrastructure. This article argues that the existence of critical space infrastructures implies the emergence of a new category of disasters related to disruption risks. We inventory those risks and make policy recommendations for what is, ultimately, a resilience governance issue.
Research Agenda In Developing Core Reference Ontology For Human Intelligence/Machine-Intelligence Electronic Medical Records System, Ziniya Zahedi, Teddy Steven Cotter
Research Agenda In Developing Core Reference Ontology For Human Intelligence/Machine-Intelligence Electronic Medical Records System, Ziniya Zahedi, Teddy Steven Cotter
Engineering Management & Systems Engineering Faculty Publications
Beginning around 1990, efforts were initiated in the medical profession by the U.S. government to transition from paper based medical records to electronic medical records (EMR). By the late 1990s, EMR implementation had already encountered multiple barriers and failures. Then President Bush set forth the goal of implementing electronic health records (EHRs), nationwide within ten years. Again, progress toward EMR implementation was not realized. President Obama put new emphasis on promoting EMR and health care technology. The renewed emphasis did not overcome many of the original problems and induced new failures. Retrospective analyses suggest that failures were induced because programmers …
Economics-Based Risk Management Of Distributed Denial Of Service Attacks: A Distance Learning Case Study, Omer Keskin, Unal Tatar, Omer Poyraz, Ariel Pinto, Adrian Gheorghe
Economics-Based Risk Management Of Distributed Denial Of Service Attacks: A Distance Learning Case Study, Omer Keskin, Unal Tatar, Omer Poyraz, Ariel Pinto, Adrian Gheorghe
Engineering Management & Systems Engineering Faculty Publications
Managing risk of cyber systems is still on the top of the agendas of Chief Information Security Officers (CISO). Investment in cybersecurity is continuously rising. Efficiency and effectiveness of cybersecurity investments are under scrutiny by boards of the companies. The primary method of decision making on cybersecurity adopts a risk-informed approach. Qualitative methods bring a notion of risk. However, particularly for strategic level decisions, more quantitative methods that can calculate the risk and impact in monetary values are required. In this study, a model is built to calculate the economic value of business interruption during a Distributed Denial-of-Service (DDoS) attack …
Human-Intelligence/Machine-Intelligence Decision Governance: An Analysis From Ontological Point Of View, Faisal Mahmud, Teddy Steven Cotter
Human-Intelligence/Machine-Intelligence Decision Governance: An Analysis From Ontological Point Of View, Faisal Mahmud, Teddy Steven Cotter
Engineering Management & Systems Engineering Faculty Publications
The increasing CPU power and memory capacity of computers, and now computing appliances, in the 21st century has allowed accelerated integration of artificial intelligence (AI) into organizational processes and everyday life. Artificial intelligence can now be found in a wide range of organizational processes including medical diagnosis, automated stock trading, integrated robotic production systems, telecommunications routing systems, and automobile fuzzy logic controllers. Self-driving automobiles are just the latest extension of AI. This thrust of AI into organizations and everyday life rests on the AI community’s unstated assumption that “…every aspect of human learning and intelligence could be so precisely described …
Engineering Analytics: Research Into The Governance Structure Needed To Integrate The Dominant Design Methodologies, Teddy Steven Cotter
Engineering Analytics: Research Into The Governance Structure Needed To Integrate The Dominant Design Methodologies, Teddy Steven Cotter
Engineering Management & Systems Engineering Faculty Publications
In the ASEM-IAC 2014, Cotter (2014) explored the current state of engineering design, identified the dominate approaches to engineering design, discussed potential contributions from the new field of data analytics to engineering design, and proposed an Engineering Analytics framework that integrates the dominate engineering design approaches and data analytics within a human-intelligence/machine-intelligence (HI-MI) design architecture. This paper reports research applying ontological engineering to integrate the dominate engineering design methodologies into a systemic engineering design decision governance architecture.
Research Agenda Into Human-Intelligence/Machine-Intelligence Governance, Teddy Steven Cotter
Research Agenda Into Human-Intelligence/Machine-Intelligence Governance, Teddy Steven Cotter
Engineering Management & Systems Engineering Faculty Publications
Since the birth of modern artificial intelligence (AI) at the 1956 Dartmouth Conference, the AI community has pursued modeling and coding of human intelligence into AI reasoning processes (HI Þ MI). The Dartmouth Conference's fundamental assertion was that every aspect of human learning and intelligence could be so precisely described that it could be simulated in AI. With the exception of knowledge specific areas (such as IBM's Big Blue and a few others), sixty years later the AI community is not close to coding global human intelligence into AI. In parallel, the knowledge management (KM) community has pursued understanding of …
Learning By Doing - Energy Systems Management, Nima Shahriari, Adrian V. Gheorghe
Learning By Doing - Energy Systems Management, Nima Shahriari, Adrian V. Gheorghe
Engineering Management & Systems Engineering Faculty Publications
Climate change concerns have confronted energy policy makers by unprecedented challenges in the 21st century. Revolution of renewable energy technologies, as well as more efficient energy systems, has been promising in the context of global warming. However, these technologies are not maturing and chaning. Consequently planning for development of these resources requires dealing with various multidisciplinary research questions such as financial feasibility of renewable energy projects. Nevertheless, there is considerable lack of education programs offering multidisciplinary approach for addressing the current energy challenges. Based on the 21st evolving energy landscape, an interdisciplinary graduate certificate course work was designed at Old …
Data Mining Based Hybridization Of Meta-Raps, Fatemah Al-Duoli, Ghaith Rabadi
Data Mining Based Hybridization Of Meta-Raps, Fatemah Al-Duoli, Ghaith Rabadi
Engineering Management & Systems Engineering Faculty Publications
Though metaheuristics have been frequently employed to improve the performance of data mining algorithms, the opposite is not true. This paper discusses the process of employing a data mining algorithm to improve the performance of a metaheuristic algorithm. The targeted algorithms to be hybridized are the Meta-heuristic for Randomized Priority Search (Meta-RaPS) and an algorithm used to create an Inductive Decision Tree. This hybridization focuses on using a decision tree to perform on-line tuning of the parameters in Meta-RaPS. The process makes use of the information collected during the iterative construction and improvement phases Meta-RaPS performs. The data mining algorithm …
Using Architecture Models To Design Adaptive Socio-Technical Systems, Holly A. H. Handley
Using Architecture Models To Design Adaptive Socio-Technical Systems, Holly A. H. Handley
Engineering Management & Systems Engineering Faculty Publications
An architecture framework is used to capture the overall design and structure of a complex system. The Human Viewpoint was developed to augment existing architectural frameworks with additional information relevant to the human component in the system. The Human View models collect and organize social parameters in order to understand the way that humans interact with other elements of the system; the Human View models define the socio-technological boundaries of the system. Analyses performed with the architectural data provide information regarding the congruence, or fit of the human and the system. For example, different key thread analyses identify problematic paths …
The Root Cause Of Failure In Complex It Projects: Complexity Itself, Kaitlynn M. Whitney, Charles B. Daniels
The Root Cause Of Failure In Complex It Projects: Complexity Itself, Kaitlynn M. Whitney, Charles B. Daniels
Engineering Management & Systems Engineering Faculty Publications
Increased demand for better technology and perpetual global expansion continue to provide developers with many project opportunities for success, as well as failure. While no industry is immune from project failure, the Information Technology (IT) industry is shown to be more susceptible to risk and failure than those of other industries. Agile project management, which facilitates adaptation to changing circumstances and alleviates rigid formal controls, has become more popular in the software development industry though is not entirely compatible with traditional project management approaches.In this paper we will examine the primary causes of IT project management failure stated in modern …
Employing Learning To Improve The Performance Of Meta-Raps, Fatemah Al-Duoli, Ghaith Rabadi
Employing Learning To Improve The Performance Of Meta-Raps, Fatemah Al-Duoli, Ghaith Rabadi
Engineering Management & Systems Engineering Faculty Publications
In their search for satisfactory solutions to complex combinatorial problems, metaheuristics methods are expected to intelligently explore the solution space. Various forms of memory have been used to achieve this goal and improve the performance of metaheuristics, which warranted the development of the Adaptive Memory Programming (AMP) framework [1]. This paper follows this framework by integrating Machine Learning (ML) concepts into metaheuristics as a way to guide metaheuristics while searching for solutions. The target metaheuristic method is Meta-heuristic for Randomized Priority Search (Meta-RaPS). Similar to most metaheuristics, Meta-RaPS consists of construction and improvement phases. Randomness coupled with a greedy heuristic …
Using Agent-Based Modeling To Simulate The Foreclosure Contagion Effect, Andrew J. Collins, Michael J. Seiler
Using Agent-Based Modeling To Simulate The Foreclosure Contagion Effect, Andrew J. Collins, Michael J. Seiler
Engineering Management & Systems Engineering Faculty Publications
A foreclosed property can have a negative impact on the prices of other properties within its neighborhood and these reduced property prices can lead to further foreclosures within the neighborhood; this is known as the foreclosure contagion effect. This effect has been demonstrated, within the real estate literature, to occur. Traditionally, real estate research have used statistical regression to analysis this issues. The application of Agent-based Modeling and Simulation (ABMS) has risen in the last 15 years and has successfully been used to model complexity situations, e.g., the real estate market. ABMS offers a way to explore the impact of …