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This work is focused on identifying the relationship an economic system and its policies have with the environment. The biosphere is chosen in particular as object of analysis but this can be extended by means of an ecosystem recursive properties. The common factor involved in the relationship...
Persistent link: https://www.econbiz.de/10005062749
producing change in any of the fourteen role-playing trials. However, with ten minutes of instruction in the ”Delta Technique …,” 86% of the subjects were successful in introducing change in another fourteen role-playing trials. The ”Delta Technique …
Persistent link: https://www.econbiz.de/10005119358
mechanisms as instruments of change. It is argued that the privatization of state-owned companies, when is accompanied with …
Persistent link: https://www.econbiz.de/10005561676
methodological issues. Then the attention is focused on the relevance of the experimental method for the analysis of learning and …
Persistent link: https://www.econbiz.de/10005076658
modelling the formation and change of patterns of action in social systems with the help of Multi-Agent Simulations. The … which one can describe the learning behaviour of agents and the changes in action spaces. Using the extremely simplified … monetary economy because of the higher effectiveness or that they change their behaviour towards actions of fraud. …
Persistent link: https://www.econbiz.de/10005076915
Agent-based computational economics (ACE) is the computational study of economies modeled as evolving systems of autonomous interacting agents. Starting from initial conditions, specified by the modeler, the computational economy evolves over time as its constituent agents repeatedly interact...
Persistent link: https://www.econbiz.de/10005076916
An agent-based artificial financial market (AFM) is used to study market efficiency and learning in the context of the … there are many coexisting signals. Learning is introduced by considering 'copycat' traders that learn the relative values of … the different strategies in the market and copy the most successful one. We show how such learning leads to a more …
Persistent link: https://www.econbiz.de/10005077021
Multi-unit auctions are promising mechanisms for the reallocation of water. The main advantage of such auctions is to avoid the lumpy bid issue. However, there is great uncertainty about the best auction formats when multi-unit auctions are used. The theory can only supply the structural...
Persistent link: https://www.econbiz.de/10005124870
This paper aims at studying the effects of learning - seen as a possible source of individual heterogeneity - on team … strategies learned in the past, to the new situations faced. Learning processes, yet, are not based on the mechanical repetition …
Persistent link: https://www.econbiz.de/10005125572
This paper aims to analyze and exemplify some methodological implications on the way to conduct experiments related to the adoption of a cognitive approach in Economics. Many differences arise in relation to a more traditional way. In fact cognitive economics has strong descriptive attention and...
Persistent link: https://www.econbiz.de/10005125579