Showing 1 - 10 of 54
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
Recently, a number of pilot and demonstration scale advanced biofuel facilities have been established, but commercial scale facilities are yet to become operational. To make informed decisions about this emerging industry, potential biorefinery entrepreneurs and regional policy makers need...
Persistent link: https://www.econbiz.de/10011068614
The morphological properties of genealogical and marriage alliance networks constitute a key to the understanding of matrimonial behavior and social norms, in particular where these norms have not been explicitly formalized. Their analysis, however, faces a major difficulty: the actual datasets...
Persistent link: https://www.econbiz.de/10011152407
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
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
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
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 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