Showing 1 - 7 of 7
What is the physical origin of player cooperation in minority game? And how to obtain maximum global wealth in minority game? We answer the above questions by studying a variant of minority game from which players choose among Nc alternatives according to strategies picked from a restricted set...
Persistent link: https://www.econbiz.de/10010872496
The distribution of property is established through various mechanisms. In this paper we study the acreage distribution of land plots owned by natural persons in the Zlín Region of the Czech Republic. We show that the data are explained in terms of a simple model in which the inheritance and...
Persistent link: https://www.econbiz.de/10011063015
We study the efficacy of allelomimesis as an escape strategy of mobile agents (pedestrians) that aim to leave a two-exit room within the shortest possible time. Allelomimesis is the act of copying one’s kindred neighbors. To escape, an agent employs one of the following strategies: (1) It...
Persistent link: https://www.econbiz.de/10011063950
We show that deterministic systems with strong nonlinearities seem to be more appropriate to model sandpiles than stochastic systems or deterministic systems in which discontinuities are the only nonlinearity. In particular, we are able to reproduce the breakdown of self-organized criticality...
Persistent link: https://www.econbiz.de/10010590610
The waiting time distribution between successive events and the unified scaling law is studied using the coherent noise model. It is shown that, although this model generates uncorrelated event sizes and does not exhibit criticality, it still provides the unified scaling law. We argue the role...
Persistent link: https://www.econbiz.de/10010873755
We review several theoretical and experimental methods of modeling and investigating granular matter far from equilibrium. The theoretical methods include an extension of the classical Boltzmann equation to inelastic gases, scalar internal degrees of freedom, and Hamiltonian-like grain–grain...
Persistent link: https://www.econbiz.de/10011057663
In this paper, we analyse the response of music and book sales to an external field and a buyer herding. We distinguish endogenous and exogenous shocks. We focus on some case studies, whose data have been collected from ranking on amazon.com. We show that an ensemble of equivalent systems...
Persistent link: https://www.econbiz.de/10011059678