How Triangle Structure in Inter-Firm Human Network Affects Bankruptcy Evolution: An Agent-Based Simulation Study with Real and Artificial Data
Proceedings of the AHFE 2017 International Conference on Human Factors in Simulation and Modeling. Vol.591(285-296)
This paper investigates the influence of human factors on the evolution of inter-firm trade network emerging from bankruptcy. In particular, we concentrate on a local interaction mechanism, conceptualized as a triangle structure, within the inter-firm human network. An agent-based model is employed to explore the effects of triangle structure-related properties in both real inter-firm human network constructed from empirical data of thousands of Japanese firms and artificially generated ones. The simulation results confirm the influential role of triangle structure-related human factors in bankruptcy: it not only enhances the benefits that firms can obtain from their inter-firm relationships but also provides firms with few business partners the equal chance to survive in the bankrupt emergency.
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Tokyo Institute of Technology, Shihan Wang, Mohsen Jafari Songhori, Shuang Chang, and Takao Terano