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populated by boundedly rational heterogeneous traders in which the structure is represented by a network. Stability is found to …The behavior and stability of over-the-counter markets is of central concern to regulators. Little is known, however … presence of hubs, such as those found in scale free networks increases stability and decreases volatility whilst small …
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populated by boundedly rational heterogeneous traders in which the structure is represented by a network. Stability is found to …The behavior and stability of over-the-counter markets is of central concern to regulators. Little is known, however … presence of hubs, such as those found in scale free networks increases stability and decreases volatility whilst small …
Persistent link: https://www.econbiz.de/10010779386
as a supportive partnerships represented by a directed network between players (aka hedonic relation). We examine in a … players. Two levels of description are considered: the first one describes the support network formation whereas the second …~game. Stability conditions are stated, emphasizing the connection between these two levels. We also stress the interaction between …
Persistent link: https://www.econbiz.de/10008793809
The World Trade Web (WTW) is a weighted network whose nodes correspond to countries while edge weights reflecting the … this network. In particular, we subject the WTW to a principled set of in silico “knockout experiments,” akin to those … carried out in the investigation of food webs, but suitably adapted to this macroeconomic network. Informed by results in …
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number R0, and analyze the stability behaviors of disease-free equilibrium E0 and endemic equilibrium E∗. When R0<1, the … weaken the spreading of diseases and reduce the endemic level. Finally, the results of the stability and the effectiveness of …
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