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This book provides the first comprehensive introduction to multi-agent, multi-choice repetitive games, such as the Kolkata Restaurant Problem and the Minority Game. It explains how the tangible formulations of these games, using stochastic strategies developed by statistical physicists employing...
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Recently, Kleidon suggested a restatement of the Gaia hypothesis based on Maximum Entropyapproaches to the Earth system. Refuting conceptions of Gaia as a homeostatic system,Gaia is seen as a non-equilibrium thermodynamic system which continuously moves awayfrom equilibrium, driven by maximum...
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Wahrscheinlichkeitsverteilung im Sinne eines wirtschaftlichen Risikos (Verlustgefahr) für die jeweilige ökonomische Einheit vorgenommen …
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We conducted an anonymous survey in December 2013 asking around 200 economists worldwide to provide an interval (a to b) of average inflation in the US expected "over the next two years". The respondents were also instructed to give a probability of inflation being higher or lower than the...
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