Semeshenko, Viktoriya; Gordon, Mirta B.; Nadal, Jean-Pierre - In: Physica A: Statistical Mechanics and its Applications 387 (2008) 19, pp. 4903-4916
We study the implications of social interactions and individual learning features on consumer demand in a simple market model. We consider a social system of interacting heterogeneous agents with learning abilities. Given a fixed price, agents repeatedly decide whether or not to buy a unit of a...