Showing 1 - 10 of 14
spaces. This quantity, which is the product of the disequilibrium or averaging density and the Shannon entropic power, is …
Persistent link: https://www.econbiz.de/10011060893
We discuss bounds on the values adopted by the generalized statistical complexity measures [M.T. Martin et al., Phys. Lett. A 311 (2003) 126; P.W. Lamberti et al., Physica A 334 (2004) 119] introduced by López Ruiz et al. [Phys. Lett. A 209 (1995) 321] and Shiner et al. [Phys. Rev. E 59 (1999)...
Persistent link: https://www.econbiz.de/10011063250
. Basically, we replace the Euclidean distance to equilibrium by the Jensen–Shannon divergence. The resulting measure turns out to …
Persistent link: https://www.econbiz.de/10011063898
models, the proposed model admits no virus-free equilibrium and admits a globally asymptotically stable viral equilibrium …
Persistent link: https://www.econbiz.de/10010872985
temperature-like quantity that measures the size of fluctuations in the system at equilibrium. The complete list of zero …
Persistent link: https://www.econbiz.de/10010873989
strategies. We propose to study, in an agent-based simulation, the emergence of equilibrium under various heterogeneous … conditions. Market interaction is stylized with the Minority Game representation. It is shown that inductive rational equilibrium …
Persistent link: https://www.econbiz.de/10010874167
Equilibrium reduced-density operators for subsystems of the Universe are derived from the generalised Schrödinger …
Persistent link: https://www.econbiz.de/10011057658
In this paper we sketch some reflections on the pitfalls and inconsistencies of the research program—currently dominant among the profession—aimed at providing microfoundations to macroeconomics along a Walrasian perspective. We argue that such a methodological approach constitutes an...
Persistent link: https://www.econbiz.de/10011063973
We discuss the foundations of factor or regression models in the light of the self-consistency condition that the market portfolio (and more generally the risk factors) is (are) constituted of the assets whose returns it is (they are) supposed to explain. As already reported in several articles,...
Persistent link: https://www.econbiz.de/10011064174
about its equilibrium. Then, we give theoretical analysis of its uniform asymptotical stability by using Lyapunov stability …
Persistent link: https://www.econbiz.de/10010589359