Search on an NK Landscape with Swarm Intelligence: Limitations and Future Research Opportunities
Ren-Raw Chen,
Cameron D. Miller,
Puay Khoon Toh
Abstract:Swarm intelligence has promising applications for firm search and decision-choice problems and is particularly well suited for examining how other firms influence the focal firm’s search. To evaluate search performance, researchers examining firm search through simulation models typically build a performance landscape. The NK model is the leading tool used for this purpose in the management science literature. We assess the usefulness of the NK landscape for simulated swarm search. We find that the strength of… Show more
Set email alert for when this publication receives citations?
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.