Dynamic System of Rating Alternatives by Agents with Interactions

Business process simulation models usually incorporate several essential components that reflect customer behavior for modeling system inputs and outputs and ranking and/or rating given alternatives. In this paper we deal with a dynamic system of rating given number of alternatives based on agent-based simulation with interactions among agents which is based on a set of parameters and on pairwise comparisons method. Our system is able to replicate various examples of processes, e.g. financial market evaluation, evaluation of products’ demand and supply, evaluation of political parties in general elections, evaluation of universities etc. A simple simulation experiment is presented and discussed.