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Simulation & Gaming
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Integrating Visualization into the Modeling of Business Simulations

Victor J. Perotti

Thomas F. Pray

Rochester Institute of Technology

This article demonstrates the advantages of using visualization as part of the modeling process. Several examples are given to show how visualization can help developers to more completely understand the range of behaviors for their algorithms. Specifically, the Cobb Douglas function and Gold and Pray demand system are examined using a tool that combines mathematical modeling with visualization capabilities.

Key Words: algorithm behavior • algorithm development • business simulation • Mathematica • modeling • visualization

Simulation & Gaming, Vol. 33, No. 4, 409-424 (2002)
DOI: 10.1177/1046878102238605


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E. J. Tipton Murff, R. D. Teach, and R. G. Schwartz
Beyond the Gold and Pray equation: Introducing interrelationships in industry-level unit demand equations for business games
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[Abstract] [PDF]