Showing 1 - 10 of 24
This paper aims to study, by means of a laboratory experiment and a simulation model, some of the mechanisms which … spreads in different networks in which agents interact by word of mouth. We define a regular network, a randomly generated … network and a small world network structured as graphs consisting of agents (vertices) and connections (edges), situated on a …
Persistent link: https://www.econbiz.de/10005125585
set and in the buyers’ reservation prices are established in a simple network model of a market. …
Persistent link: https://www.econbiz.de/10005135061
A network consisting of suppliers, agents, and distributors is considered. The flow of orders and deliveries between … the different elements are determined. A monotonic game for the customers in the network is described. …
Persistent link: https://www.econbiz.de/10005062356
Theoretical Computer Science classically aimed to develop a mathematical understanding of capabilities and limits of traditional computing architecture (Boole, von Neuman, Turing, Church, Godel), investigating in computability, complexity theory and algorithmics. Now it seems more natural to...
Persistent link: https://www.econbiz.de/10005407520
(either a monopoly or a regulator). In network systems where competition has flourished, decentralized solutions work better … examples show how decentralized mechanisms may develop throughout network utilities. …
Persistent link: https://www.econbiz.de/10005412463
logically interconnected propositions. I investigate decision problems, in which the agenda is a network, composed of atomic … in standard propositional logic. By extending the logic, I prove that, for any network, decision rules satisfying the …
Persistent link: https://www.econbiz.de/10005556978
The present paper analyzes a network formation problem, mainly based on the framework presented in Bala and Goyal (2000 … the sum of the number of edges it includes. We obtain as a result that the only Nash structure is the circle network … same time it minimizes the costs of network formation. …
Persistent link: https://www.econbiz.de/10005561825
critiques against the use of simulation, which point to the following problematic areas: (i) interpretation of the simulation … dynamics, (ii) estimation of the simulation model, and (iii) generalisation of the results. I show that there exist solutions …
Persistent link: https://www.econbiz.de/10005125044
Optimization algorithms must be among the most common numerical methods used by economists. Yet, there is surprisingly little guidance on choosing the appropriate one. This problem is most notable with regard to conventional versus global optimizers. Typically, a global optimizer is used when a...
Persistent link: https://www.econbiz.de/10005134567
valuation by simple simulation. Many empirical researchers have observed the non-Fickian degrees of persistence or long memory …
Persistent link: https://www.econbiz.de/10005134830