Showing 1 - 10 of 54
This position paper contributes to the debate on perspectives for simulating the social processes of science through the specific angle of participatory research. This new way of producing science is still in its infancy and needs some step back and analysis, to understand what is taking place...
Persistent link: https://www.econbiz.de/10009358524
Different disciplines have analyzed binary choices to model collective behavior in human systems. Several situations in which social dilemma arise can be modeled as N-person prisoner’s dilemma games including homeland security, public goods, international political economy among others. The...
Persistent link: https://www.econbiz.de/10010845577
In this paper we analyze the stochastic model proposed by Galam in [2], for information spreading in a `word-of-mouth' process among agents, based on a majority rule. Using the communications rules among agents defined in [2], we first perform simulations of the `word-of-mouth' process and...
Persistent link: https://www.econbiz.de/10005819661
A share price in a stock market can be thought of as arising out of an aggregation procedure. The price of a stock aggregates many individual beliefs into a collective one, the collective will of the market, so to speak. How does this aggregation come about? And is this aggregation fair in the...
Persistent link: https://www.econbiz.de/10005789218
The United Kingdom has twice suffered major disruption as a result of fuel panics first in September 2000 coincident with a wave of fuel protests and more recently in March 2012 following politcal warnings of possible future supply chain disruption. In each case the disruption and economic...
Persistent link: https://www.econbiz.de/10010700222
We model an agent-based economy in which heterogeneous agents (firms and a bank) interact in the financial markets. The heterogeneity is due to the balance sheet conditions and to size. In our simulations, at the aggregate level, output displays changes in trend and volatility giving rise to...
Persistent link: https://www.econbiz.de/10005047427
In this paper, I develop a hybrid model that contains elements of both agent based simulations (ABS) as well as analytic Cournot models, to study the effects of firm characteristics, market characteristics, and innovation on market concentration, as measured by a Herfindahl-Hirschman Index...
Persistent link: https://www.econbiz.de/10005029696
Emergency managers have to develop plans for responding to disasters within their jurisdiction. This includes coordinating multiple independent agencies participating in the response. While much of this is currently done by use of intuition and expert judgment, models can be used to test...
Persistent link: https://www.econbiz.de/10010591900
This paper presents an agent-based model of the standard U.S. k-12th grade classroom using NetLogo. By creating an artificial society, we identify the casual implications of the same-race effect (a moderate sized academic boost to students whose teachers have the same race) on the national...
Persistent link: https://www.econbiz.de/10010586186
In this paper we aim at assessing the outcomes of the 2007 Italian reform of the complementary social security and to identify the determinants behind them. The reform gave relevant incentives to workers to switch from investing about 7% of their gross wages into a compulsory defned benefit...
Persistent link: https://www.econbiz.de/10008683285