“…In the context of flood risk management, agent-based models (ABMs) have been used to model evacuation strategies involving agents representing individual members of the public (Dawson, Peppe, & Wang, 2011;Liu, Okada, Shen, & Li, 2010). In addition, ABMs have been utilised to evaluate flood communication strategies on individuals (Haer, Botzen, & Aerts, 2016), analyse the influence of individual behaviour on community flood risk (Tonn & Guikema, 2017), investigate the role of individuals' use of social media in relation to flood evacuation (Du, Cai, Sun, & Minsker, 2017), assess individual household flood response preferences (Yang, Scheffran, Süsser, Dawson, & Chen, 2018) and examine the dynamic evolution of flood risk and vulnerability of homeowners (Dubbelboer, J., Nikolic, J., Jenkins, K., Hall, 2017;Jenkins, Surminski, Hall, & Crick, 2017) In terms of modeling businesses, a recent survey of the use of agent-based simulation in management and organizational studies revealed the highest number of applications being in the areas of operations and logistics, marketing and organizational behaviour (Gómez-Cruz, Loaiza Saa, & Ortega Hurtado, 2017). Beyond the areas reported in this survey, agent-based approaches have been used to study business related issues such as the dynamic formation of supply chains (Wang, Wang, Vogel, Kumar, & Chiu, 2009), cost collaborative management in supply chains (Fu & Fu, 2015) and the collaboration duration of supply chains (Arvitrida, Tako, Robertson, & Robinson, 2017).…”