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government'. To restrain government manipulation one has to turn to Constitutional Economics and increase the possibilities for …
Persistent link: https://www.econbiz.de/10010316889
This paper surveys work on dynamic heterogeneous agent models (HAMs) in economics and finance. Emphasis is given to simple models that, at least to some extent, are tractable by analytic methods in combination with computational tools. Most of these models are behavioral models with boundedly...
Persistent link: https://www.econbiz.de/10010325401
Eine Vielzahl von Herausforderung stellt die kommerzielle Verbreitung des Internets und die damit verbundene bidirektionale Kommunikation nicht nur zwischen Konsumenten und Unternehmen, sondern ebenso unter Konsumenten, für Unternehmen dar. Die Unternehmen stehen vor der Notwendigkeit, die...
Persistent link: https://www.econbiz.de/10010427199
Does the Internet undermine social capital or facilitate inter-personal and civic engagement in the real world? Merging unique telecommunication data with geo-coded German individual-level data, we investigate how broadband Internet affects several dimensions of social capital. One...
Persistent link: https://www.econbiz.de/10011601034
How do evaluative practices become natural and ubiquitous in an organization? In this paper we integrate findings from previous empirical work on the adoption of evaluative practices in organizations with insights from institutional theory and social psychology research for advancing the...
Persistent link: https://www.econbiz.de/10010421325
The great financial turmoil that started 2007 has brought bank regulation back into the political debate. There is talk about imposing new regulations on banks and other financial intermediaries. Yet, we are not convinced that it is completely understood how the existing regulation affects...
Persistent link: https://www.econbiz.de/10011390660
In this article we extend the agent-based model of firms' formation and growth proposed in [4]. In [4] the firms' creation, expansion or contraction results from the interaction of heterogeneous utility maximizers. While the original model was able to replicate the power law distribution in the...
Persistent link: https://www.econbiz.de/10010322258
The phenomenon of infrequent price changes has troubled economists for decades. Intuitively one feels that for most price-setters there exists a range of inaction, i.e. a substantial measure of the states of the world, within which they do not wish to modify prevailing prices. However, basic...
Persistent link: https://www.econbiz.de/10010494473
Son yıllarda iktisat yazınında disiplinler arası çalışmaların sayısı giderek artmaktadır. Bu ilginin altında, doğrusal ve statik modellere dayanan klasik iktisat teorisinin modellerinin, gerçekte kompleks/karmaşık özellik gösteren yapıları çözümlemede yetersiz kalması...
Persistent link: https://www.econbiz.de/10010320502
(nämlich auf metrisch eingipflige Präferenzen) einschränkt. Um ferner zu untersuchen, wie anfällig für Manipulation sowohl … beurteilt werden. Die Ergebnisse der Simulation zeigen dabei sowohl solche Abstimmungsregeln, die bezüglich des Messkonzepts … stark manipulierbar sind, als auch solche Regeln, unter denen das Auftreten und die Effekte von Manipulation gering …
Persistent link: https://www.econbiz.de/10011889538