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In this contribution we aim at anchoring ABM simulations in actual models of human psychology. More specifically, we apply unidirectional Agent Based Modeling (ABM) to social psychological models using low level agents (i.e., intra-individual) to examine whether they generate better predictions,...
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Understanding the rate of adoption of a telecommunications service in a population of customers is of prime importance to ensure that appropriate network capacity is provided to maintain quality of service. This problem goes beyond assessing the demand for a product based on usage and requires...
Persistent link: https://www.econbiz.de/10005706672
In this paper we investigate different learning schemes in dynamic game theory and consider their relative importance when constructing strategic decision models for economic and business applications. The different models of learning dynamics we have formulated fall into three main categories:...
Persistent link: https://www.econbiz.de/10005537724