Using difference equations to find optimal tax structures on the SugarScapeJournal of Economic Interaction and Coordination - Tập 9 - Trang 233-253 - 2014
Matthew Oremland, Reinhard Laubenbacher
The use of equations to describe agent-based model dynamics allows access to
mathematical theory that is not otherwise available. In particular, equation
models can be effective at solving optimization problems—that is, problems
concerning how an agent-based model can be most effectively steered into a
particular state. In order to illustrate this strategy, we describe a modified
version of the we... hiện toàn bộ
Identifying financial instability conditions using high frequency dataJournal of Economic Interaction and Coordination - Tập 15 - Trang 221-242 - 2019
Maria Elvira Mancino, Simona Sanfelici
We study an indicator of financial instability based on the computation of the
decay rate for the propagation of a given market shock. The rate of variation
through time of an initial perturbation of the price process enables us to
understand if such a shock will be rapidly absorbed or, on the contrary, it will
be amplified by the market. The indicator combines non-linearly volatility,
leverage an... hiện toàn bộ
Microeconomic structure determines macroeconomic dynamics: Aoki defeats the representative agentJournal of Economic Interaction and Coordination - Tập 10 - Trang 5-30 - 2014
Sorin Solomon, Nataša Golo
Masanao Aoki developed a new methodology for a basic problem of economics:
deducing rigorously the macroeconomic dynamics as emerging from the interactions
of many individual agents. This includes deduction of the fractal/intermittent
fluctuations of macroeconomic quantities from the granularity of the
mezo-economic collective objects (large individual wealth, highly productive
geographical locati... hiện toàn bộ
Common-value auction versus posted-price selling: an agent-based model approachJournal of Economic Interaction and Coordination - Tập 9 - Trang 129-149 - 2013
Christopher N. Boyer, B. Wade Brorsen, Tong Zhang
Previous theoretical work has compared a private-value auction and posted-price
market, and an affiliated-value auction and a posted-price market to determine
the selling method preferred by sellers. Much less, however, is known about the
seller’s preferred selling method when the buyers have a common value of the
item. Our objective is to determine if a first-price auction or a posted-price
marke... hiện toàn bộ
Public cooperation statementsJournal of Economic Interaction and Coordination - Tập 16 - Trang 747-767 - 2021
Ann-Kathrin Koessler, Lionel Page, Uwe Dulleck
Communication is a well-known tool to promote cooperation and pro-social
behavior. In this study, we examine whether minimal communication in form of
public consent with a pre-defined cooperation statement is sufficient to
strengthen cooperation in groups. Within the controlled environment of a
laboratory experiment, we identify ways by which non-enforceable cooperation
statements are associated w... hiện toàn bộ
Community structure in the World Trade Network based on communicability distancesJournal of Economic Interaction and Coordination - - 2020
Paolo Bartesaghi, Gian Paolo Clemente, Rosanna Grassi
In this paper, we investigate the mesoscale structure of the World Trade
Network. In this framework, a specific role is assumed by short- and long-range
interactions, and hence by any suitably defined network-based distance between
countries. Therefore, we identify clusters through a new procedure that exploits
Estrada communicability distance and the vibrational communicability distance,
which tu... hiện toàn bộ
A network approach to expertise retrieval based on path similarity and credit allocationJournal of Economic Interaction and Coordination - Tập 17 - Trang 501-533 - 2021
Xiancheng Li, Luca Verginer, Massimo Riccaboni, P. Panzarasa
With the increasing availability of online scholarly databases, publication
records can be easily extracted and analysed. Researchers can promptly keep
abreast of others’ scientific production and, in principle, can select new
collaborators and build new research teams. A critical factor one should
consider when contemplating new potential collaborations is the possibility of
unambiguously definin... hiện toàn bộ
Agglomeration in an innovative and differentiated industry with heterogeneous knowledge spilloversJournal of Economic Interaction and Coordination - Tập 2 - Trang 1-25 - 2006
Klaus Wersching
This paper introduces an agent-based simulation model to study the technological
development, the economic performance of firms and the evolution of
agglomerations in a differentiated industry. The analysis is based on the
interaction and behavior of firms, which might share knowledge but at the same
time are competitors on the goods markets. Firms do not only compete with
quantities they can also... hiện toàn bộ
The two-parameter Ewens distribution: a finitary approachJournal of Economic Interaction and Coordination - Tập 2 - Trang 147-161 - 2007
U. Garibaldi, D. Costantini, P. Viarengo
The well-known Ewens Sampling Formula has been generalized by Pitman recently.
We derive some essential feature of the model without introducing notions like
frequency spectrum, structure distribution or size-biased permutation
invariance, that are difficult to apply to concrete finite populations. A finite
model of economic interacting agents whose equilibrium aggregation state is
described by th... hiện toàn bộ