Showing 1 - 10 of 27
In order to analyse the behaviour of pedestrians at the very fine scale, while moving along the streets, in open spaces or inside a building, simulation modelling becomes an essential tool. In these spatial environments, simulation requires the ability to model the local dynamics of individual...
Persistent link: https://www.econbiz.de/10010736806
The Peter principle has recently been investigated by means of an agent-based simulation, and its validity has been numerically corroborated. It has been confirmed that, within certain conditions, it can really influence in a negative way the efficiency of a pyramidal organization adopting...
Persistent link: https://www.econbiz.de/10010589165
We study a prototypical model of a Parliament with two Parties or two Political Coalitions and we show how the introduction of a variable percentage of randomly selected independent legislators can increase the global efficiency of a Legislature, in terms of both the number of laws passed and...
Persistent link: https://www.econbiz.de/10011057884
In this paper we focus on the beneficial role of random strategies in social sciences by means of simple mathematical and computational models. We briefly review recent results obtained by two of us in previous contributions for the case of the Peter principle and the efficiency of a Parliament....
Persistent link: https://www.econbiz.de/10010775444
Building on similarities between earthquakes and extreme financial events, we use a self-organized criticality-generating model to study herding and avalanche dynamics in financial markets. We consider a community of interacting investors, distributed on a small-world network, who bet on the...
Persistent link: https://www.econbiz.de/10010723219
We give a closer look at the Central Limit Theorem (CLT) behavior in quasi-stationary states of the Hamiltonian Mean Field model, a paradigmatic one for long-range-interacting classical many-body systems. We present new calculations which show that, following their time evolution, we can observe...
Persistent link: https://www.econbiz.de/10010588423
The Brain Drain phenomenon is particularly heterogeneous and is characterized by peculiar specifications. It influences the economic fundamentals of both the country of origin and the host one in terms of human capital accumulation. Here, the brain drain is considered from a microeconomic...
Persistent link: https://www.econbiz.de/10010633761
In this paper, making use of recent statistical physics techniques and models, we address the specific role of randomness in financial markets, both at the micro and the macro level. In particular, we review some recent results obtained about the effectiveness of random strategies of investment,...
Persistent link: https://www.econbiz.de/10010941722
We discuss the role of the initial conditions for the dynamical anomalies observed in the quasi-stationary states of the Hamiltonian mean field (HMF) model.
Persistent link: https://www.econbiz.de/10010872954
We briefly discuss the state of the art on the anomalous dynamics of the Hamiltonian mean field (HMF) model. We stress the important role of the initial conditions for understanding the microscopic nature of the intriguing metastable quasi-stationary states (QSS) observed in the model and the...
Persistent link: https://www.econbiz.de/10010874227