In recent years, the government, of African Countries has assumed major responsibilities for economic reforms and growth. In attempting to describe their economies, economists (policymakers) in many African Countries have applied certain models that are by now widely known: Linear programming...

The aim of this paper is to simulate profit expectations as an emergent property using an agent based model. The paper builds upon adaptive expectations, interactive expectations and small world networks, combining them into a single adaptive interactive profit expectations model (AIE)....

In this paper we give a new technique to obtain the Hamiltonian function in order to solve the driftless control affine systems (distributional systems) with positive homogeneous costs. The method consists by using the Lagrange multipliers and Legendre transformation associated to a singular...

Social networks can be differentiated according to the type of entities (i.e., humans or objects) that are represented within them. These networks can be called human networks and social object networks, respectively. Actors in human networks can act strategically to maximize their own payoffs...

The power of using knowledge against competitors is a key success factor in the information age. However, the knowledge itself is not the source of competitive advantage for an organization; rather its power lies in its use. In a learning organization, collective knowledge of the individuals is...

People-to-people interactions in the real world and in virtual environments (e.g., Facebook) can be represented through complex networks. Changes of the structural properties of these complex networks are caused through a variety of dynamic processes. While accepting the fact that variability in...

In this paper we present a real-life application of a fuzzy expert system aimed at rating and ranking firms. Unlike standard DCF models, it integrates financial, strategic and business determinants and processes both quantitative and qualitative variables. Twenty-one value drivers are defined,...

Dynamic processes in complex networks have received much attention. This attention reflects the fact that dynamic processes are the main source of changes in the structural properties of complex networks (e.g., clustering coefficient and average shortest-path length). In this paper, we develop...

In this paper we continue the study of distributional systems (drift less control affine systems) with quadratic cost and no constant rank of distribution. We will use the Pontyagin Maximum Principle and the constants variation method for nonhomogeneous second order differential equations to...

In this paper we study a drift less control affine system with degenerate cost of Kropina type. We use the Pontryagin Maximum Principle in order to find the general solution.