In this work simulation-based and analytical results on the emergence steady states in traffic-like interactions are presented and discussed. The objective of the paper is twofold: i) investigating the role of social conventions in coordination problem situations, and more specifically in...

Despite the increasing diffusion of the Internet technology, TV remains the principal medium of communication. People's perceptions, knowledge, beliefs and opinions about matters of fact get (in)formed through the information reported on by the media.However, a single source of information (and...

The ultimate goal of the FuturICT Flagship is to understand and manage complex, global, socially interactive systems, with a focus on sustainability and resilience. Revealing the hidden laws and processes underlying societies constitutes the most pressing scientific grand challenge of our...

Why do financial markets crash again and again? How can we construct resilient institutions? What determines human happiness and well-­‐being, and how are they influenced by personal wealth? How can society change behaviours that destroy our environment and other important public goods? Big...

To deal with the grand challenges before us (financial and political crises, growing inequality, social unrest, corruption, organized crime, etc.) we need theories for understanding-while-producing social artifacts (material and immaterial artifacts spontaneously emerging or designed for humans...

In the first part of the paper, the field of Agent-Based Modelling (ABM) is discussed focusing on the role of generative theories, aiming at explaining phenomena by growing them. After a brief analysis of the major strengths of the field some crucial weaknesses are analysed. In particular, the...