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-action minority game. We argue that the agents will try to get into a cyclic state, where each of the (2N+1) agents wins exactly N …
Persistent link: https://www.econbiz.de/10011849525
In this paper the extended model of Minority game (MG), incorporating variable number of agents and therefore called … is sensitive to the properly set memory length. We considered the feasibility of prediction for the Minority and Majority …
Persistent link: https://www.econbiz.de/10013059395
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The Chinese central government recently published a new regulation to strictly limit the time minors spend on online games, providing a favorable policy environment for the protection of their physical and mental health as well as their overall development. We first provide empirical evidence...
Persistent link: https://www.econbiz.de/10014289453
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Cooperation is a fundamental aspect of well-organized societies and public good games are a useful metaphor for modeling cooperative behavior in the presence of strong incentives to free ride. Usually, social agents interact to play a public good game through network structures. Here, we use...
Persistent link: https://www.econbiz.de/10012062305
In this paper an extension of the well-known binomial approach to option pricing is presented. The classical question is: What is the price of an option on the risky asset? The traditional answer is obtained with the help of a replicating portfolio by ruling out arbitrage. Instead a two-person...
Persistent link: https://www.econbiz.de/10012264975
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Administrative data from a large and diverse community college are used to examine if underrepresented minority … students benefit from taking courses with underrepresented minority instructors. To identify racial interactions we estimate … that the performance gap in terms of class dropout rates and grade performance between white and underrepresented minority …
Persistent link: https://www.econbiz.de/10010386646