Showing 71 - 80 of 22,392
Interacting agents in finance represent a behavioral, agent-based approach in which financial markets are viewed as complex adaptive systems consisting of many boundedly rational agents interacting through simple heterogeneous investment strategies, constantly adapting their behavior in response...
Persistent link: https://www.econbiz.de/10010325320
A situation in which a finite set of players can obtain certain payoffs by cooperation can be described by a cooperative game with transferable utility, or simply a TU-game. A (single-valued) solution for TU-games assigns a payoff distribution to every TU-game. A well-known solution is the...
Persistent link: https://www.econbiz.de/10010325689
A situation in which a finite set of players can obtain certain payoffs by cooperation can be described by a cooperative game with transferable utility, or simply a TU-game. A (single-valued) solution for TU-games assigns a payoff distribution to every TU-game. A well-known solution is the...
Persistent link: https://www.econbiz.de/10010325798
Information, communication and transport networks have always been in a state of flux, while they also influence each other. Extensive research efforts have been made to investigate the dynamics in the structure and use of networks, e.g., by means of network geometries, small-world effects and...
Persistent link: https://www.econbiz.de/10010326174
stable allocations capturedby an associated bankruptcy game. Moreover, we analyze the combinatorial complexity ofthe core …
Persistent link: https://www.econbiz.de/10010326439
health, making it a complex system responding to stimuli in various sub-systems. Complexity, non-linearity and interactions …
Persistent link: https://www.econbiz.de/10010327460
The need to address extreme poverty from the perspective of marginality arises from the frustration that the number of the poorest and hungry remains unacceptably high. This triggered the call for an innovative approach from the side of science and action. The conceptual and analytical framework...
Persistent link: https://www.econbiz.de/10010327503
the complexity stemming from interactions among components of a system. For this reason NK models have been applied in … complexity. However, the paper suggests that NK suffers from un-necessary limitations and difficulties due to its peculiar …
Persistent link: https://www.econbiz.de/10010328591
preferences cannot explain these results. We then systematically vary the complexity of both components of Nash behaviour: (I) the …
Persistent link: https://www.econbiz.de/10010332613
Rising standards for accurately inferring the impact of development projects has not been matched by equivalently rigorous procedures for guiding decisions about whether and how similar results might be expected elsewhere. These 'external validity' concerns are especially pressing for 'complex'...
Persistent link: https://www.econbiz.de/10010333673