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Microsimulations make use of quantitative methods to analyze complex phenomena in populations. They allow modeling socioeconomic systems based on micro-level units such as individuals, households, or institutional entities. However, conducting a microsimulation study can be challenging. It often...
Persistent link: https://www.econbiz.de/10012317769
In general, risk of an extreme outcome in financial markets can be expressed as a function of the tail copula of a high-dimensional vector after standardizing marginals. Hence it is of importance to model and estimate tail copulas. Even for moderate dimension, nonparametrically estimating a tail...
Persistent link: https://www.econbiz.de/10010266194
Considering correlations between entries of credit portfolio is an important objective when estimating credit risk. This paper aims to construct a multivariate model of credit losses examining a portfolio composed of loans to a set of kinds of business. The paper also introduces the method of...
Persistent link: https://www.econbiz.de/10010841041
Persistent link: https://www.econbiz.de/10013550327
Este documento busca identificar el desarrollo humano y social en áreas rurales donde la energía juega un papel importante en la forma en la cual las personas toman decisiones y su papel en la mejora de la calidad de vida, medida como la satisfacción de las necesidades básicas de Maslow. El...
Persistent link: https://www.econbiz.de/10012151166
A one dimensional cellular automata model describes the evolutionary dynamics of cooperation when grouping by cooperators provides protection against predation. It is used to compare the dynamics of evolution of cooperation in three settings. G: only vertical transmission of information is...
Persistent link: https://www.econbiz.de/10005518512
Social scientists are not computer scientists, but their skills in the field have to become better and better to cope with the growing field of social simulation and agent based modelling techniques. A way to reduce the weight of software development is to employ generalised agent development...
Persistent link: https://www.econbiz.de/10005518520
This article presents a multiagent simulation environment for studying agents' socio-political attitudes. It departs from a previously proposed concept of agents with socio-political attitudes, a high-level theoretical and conceptual model proposed by Petric et al (2002) that was intended for...
Persistent link: https://www.econbiz.de/10005518533
[No abstract]
Persistent link: https://www.econbiz.de/10005518540
This article describes a social simulation model based on an economic experiment about altruistic behavior. The experiment by Fehr and Gächter showed that participants made frequent use of costly punishment in order to ensure continuing cooperation in a common pool resource game. The model...
Persistent link: https://www.econbiz.de/10005518543