The model of social network is used to analyze the impact of the power of labor unions in the labor relations. We find that labor union capable to affect a pecuniary compensation of shirking employees lessens the motivation of employees to work and improve to the unionization rate. As a result,...

This paper brings simulations of an agent-based model of liquidity flows among banks. The model presented here is built on some fundamental, well-established assumptions from the theory of banking and finance. A critical part of the paper introduces a set of base-level rules, aimed at providing...

Portfolio selection simulator of social interaction is proposed in this paper. We explained why different investors possess different portfolios in time and why portfolios change with the change of the environment. The developments of the games are path-dependent depending on several factors....