Showing 1 - 10 of 48
Previous models of collective action assume that the network structure of individual relations that transmit social control mechanisms promoting or inhibiting collective action is given. An extended game-theoretical model that incorporates social control mechanisms as side payments and allows...
Persistent link: https://www.econbiz.de/10011057145
We study the implications of social interactions and individual learning features on consumer demand in a simple market model. We consider a social system of interacting heterogeneous agents with learning abilities. Given a fixed price, agents repeatedly decide whether or not to buy a unit of a...
Persistent link: https://www.econbiz.de/10010873710
weakly connected topologies. By using matrix theory, we prove that the states of internal agents will converge to a convex …
Persistent link: https://www.econbiz.de/10010871797
choices and individual wealth after each time step. The results, in particular the coordination of the agents, measured by the …
Persistent link: https://www.econbiz.de/10011057466
In order to maximize cost efficiency from scarce marketing resources, marketers are facing the problem of which group of consumers to target for promotions. We propose to use a decision theoretical approach to model this strategic situation. According to one promotion model that we develop,...
Persistent link: https://www.econbiz.de/10010588844
A simple model of a buying–selling cycle is proposed. It is based on a notion of a profit intensity. Supply and demand curves and geometrical interpretation are discussed in this context.
Persistent link: https://www.econbiz.de/10011057885
A new approach for the description of phenomena of social aggregation is suggested. On the basis of psychological concepts (as for instance social norms and cultural coordinates), we deduce a general mechanism for social aggregation in which different clusters of individuals can merge according...
Persistent link: https://www.econbiz.de/10010872829
We study the spatial prisoner’s dilemma game where the players are located on the nodes of a random scale-free network. The prisoner’s dilemma game is a powerful tool and has been used for the study of mutual trust and cooperation among individuals in structured populations. We vary the...
Persistent link: https://www.econbiz.de/10010873168
We introduce a two-player model of reinforcement learning with memory. Past actions of an iterated game are stored in a memory and used to determine player’s next action. To examine the behaviour of the model some approximate methods are used and confronted against numerical simulations and...
Persistent link: https://www.econbiz.de/10010873298
We present an extensive, systematic study of the Prisoner’s Dilemma and Snowdrift games on a square lattice under a synchronous, noiseless imitation dynamics. We show that for both the occupancy of the network and the (random) mobility of the agents there are intermediate values that may...
Persistent link: https://www.econbiz.de/10010873543