Showing 1 - 10 of 205
This paper aims to study, by means of a laboratory experiment and a simulation model, some of the mechanisms which …
Persistent link: https://www.econbiz.de/10005125585
This paper aims at presenting the methodological approach to simulations, proposed at the beginning of the sixties by a group of scholars of the Carnegie Mellon University. This approach can be defined cognitive and behavioural, because of the attention to real perception and decision-making and...
Persistent link: https://www.econbiz.de/10005412552
We develop a model where agents obtain information about job opportunities through an explicitly modeled network of social contacts. We show that an improvement in the employment status of either an agent's direct or indirect contacts leads to an increase in the agent's employment probability...
Persistent link: https://www.econbiz.de/10005135002
The first of May 2004 marked an important date in the history of Europe as a political, geographic, and social entity. After years of negotiations, ten European countries joined the European Union, bringing in their potential and expectations, adding a total population of 75 million people and a...
Persistent link: https://www.econbiz.de/10005408352
The paper discusses the relation between experimental economics and the cognitive approach, after having outlined the chief characteristics of the major lines of research in both areas, also with reference to the historical development and to methodological issues. Then the attention is focused...
Persistent link: https://www.econbiz.de/10005076658
- replication, evolution, adaptation, self-organization, exploitation, competition, cooperation, and social network formation. Alife …
Persistent link: https://www.econbiz.de/10005076914
Agent-based computational economics (ACE)is the computational study of economies modelled as evolving systems of autonomous interacting agents. This short paper is a brief guide to recent ACE research. For more information, visit the ACE Web site at http://www.econ.iastate.edu/tesfatsi/ace.htm....
Persistent link: https://www.econbiz.de/10005076919
predictions fail dramatically, 80% of actions taken in our experiment coincided with the unique Nash equilibrium in pure …
Persistent link: https://www.econbiz.de/10005124957
This paper proposes a synoptic methodology to evaluate the determinants of audit fees by utilising Neural Networks. First, a brief discussion is presented to highlight the significant application of Neural Network in the areas of financial management; second the framework of proposed methodology...
Persistent link: https://www.econbiz.de/10005125559
measures? An experiment on a nationally representative sample of over 1200 Americans provides an answer. Respondents are …
Persistent link: https://www.econbiz.de/10005125560