Showing 1 - 10 of 17
n-person Battle of Sexes (BOS) games are examined by a special simulation study. Two types of agents are considered and there are three possible ways of making the agents’ initial decisions. The simulation study confirms the theoretical results on the existence and number of equilibria. We...
Persistent link: https://www.econbiz.de/10011057996
A simple agent-based model of the evolution of faith-based systems (FBS) in human social networks is presented. In the model, each agent subscribes to a single FBS, and may be converted to share a different agent's FBS during social interactions. FBSs and agents each possess heritable...
Persistent link: https://www.econbiz.de/10011058070
This paper studies the evolutionary ultimatum game on networks when agents have incomplete information about the strategies of their neighborhood agents. Our model assumes that agents may initially display low fairness behavior, and therefore, may have to learn and develop their own strategies...
Persistent link: https://www.econbiz.de/10011058575
We investigate optimal strategies to defend valuable goods against the attacks of a thief. Given the value of the goods and the probability of success for the thief, we look for the strategy that assures the largest benefit to each player irrespective of the strategy of his opponent. Two...
Persistent link: https://www.econbiz.de/10011060101
Disease spread in most biological populations requires the proximity of agents. In populations where the individuals have spatial mobility, the contact graph is generated by the “collision dynamics” of the agents, and thus the evolution of epidemics couples directly to the spatial dynamics...
Persistent link: https://www.econbiz.de/10011060400
An agent-based model for financial markets has to incorporate two aspects: decision making and price formation. We introduce a simple decision model and consider its implications in two different pricing schemes. First, we study its parameter dependence within a supply–demand balance setting....
Persistent link: https://www.econbiz.de/10011061588
We develop an agent-based computational model in which the urban informal sector acts as a buffer where rural migrants can earn some income while queuing for higher paying modern-sector jobs. In the model, the informal sector emerges as a result of rural–urban migration decisions of...
Persistent link: https://www.econbiz.de/10011061931
A simple trading model based on pair pattern strategy space with holding periods is proposed. Power-law behavior is observed for the return variance σ2, the price impact H and the predictability K for both models, with linear and square root impact functions. The sum of the traders’ wealth...
Persistent link: https://www.econbiz.de/10011062108
This article is concerned with the global behavior of agents in the El Farol bar problem. In particular, we discuss global attendance in terms of its mean and variance, and show that there is a strong dependence of both on the externally imposed comfort level. We present a possible...
Persistent link: https://www.econbiz.de/10011063419
We present an analysis of the empirical data and the agent-based modeling of the emotional behavior of users on the Web portals where the user interaction is mediated by posted comments, like Blogs and Diggs. We consider the dataset of discussion-driven popular Diggs, in which all comments are...
Persistent link: https://www.econbiz.de/10011063529