Since social-economic systems increase interdependency, a crucial question arises: Is an interconnected world a safer or a more dangerous place to live? Over the last few years, we have witnessed the dark side of increasing interdependencies. As such, there is a growing need to focus on how to...

This book contains high-quality multi-disciplinary research contributions addressing theoretical and computational aspects of interaction and coordination of economic agents. It focuses on emergent phenomena and collective behavior in economic activities as well as on the development of...

An individual's behavior of is called purposive behavior, if it is based on the notion of having preference, pursuing goal, or maximizing his own interest. The goal or purpose of an individual often relates directly to others, and their behavior are often constrained by an environment that...

Here we provide a new approach for investigating competitive interactions in the large. We also study emergent strategic behaviors and analyze the effects of bounded rationality and the mimicry strategy in competitive situations. We show how society gropes its way towards equilibrium in an...

Here we give a model of co-evolution in a society of economic agents, defined as autonomous software entities equipped with their own utility functions. These utility functions are governed by the market mechanism. We also provide an evolutionary explanation of how social competence that...

No abstract received.