This paper addresses the question of whether neural networks (NNs), a realistic cognitive model of human information processing, can learn to backward induce in a two-stage game with a unique subgame-perfect Nash equilibrium. The NNs were found to predict the Nash equilibrium approximately 70%...

This paper addresses how neural networks learn to play one-shot normal form games through experience in an environment of randomly generated game payoffs and randomly selected opponents. This agent based computational approach allows the modeling of learning all strategic types of normal form...

This paper documents our efforts in replicating Epstein’s (1998) demographic prisoner’s dilemma model. While, qualitatively speaking, our replicated model resembles the results of the original model reasonably well, statistical testing reveals that in quantitative terms our endeavor was only...

In the contemporary era, issues that emerged in ethics is not just simply a matter of quality of one's behavior toward other people directly, but also new issues like bioethics, nuclear, technology in general, environmental crisis, etc. This paper is to discuss new issues that emerge in...

ABSTRACT It seems to be useful to present to the scientific, academic and professional community what constitutes the "state of the art" of current empirical trends applied to global maritime trade flows: the conceptual framework CAS (Complex Adaptive System), which looks at the global maritime...

Abstract Empirical observations suggest that linear dynamics are not an adequate representa- tion of ecological systems and that a realistic representation would require adoption of complex nonlinear dynamical systems with characteristics encountered in complex adaptive systems (CAS). Adequate...

We study the frictions in the patterns of trades in the Euro money market. We characterize the structure of lending relations during the period of recent financial turmoil. We use network-topology method on data from overnight transactions in the Electronic Market for Interbank Deposits (e-Mid)...

The paper explores the novel dimensions of agrarian change and of an agricultural knowledge‐creation culture in Vietnam’s Mekong Delta by examining cases of farmers engaged in knowledge brokering. Farmers empowered with knowledge, and through intensive engagement in networks and communities...

Over the last two decades, the degree of international financial integration has increased substantially, becoming an important area of research for many financial economists. This paper explores the determinants of the asymmetries in the international integration of banking systems. We consider...

This article features a set of indicators designed to measure international economic integration and globalization. We analyze the degree of openness and the respective networks of connections---both direct and indirect---for each economy in our sample. Our indicators are based on network...