The management problems addressed in Adaptive Search and the Management of Logistic Systems stem from the recent changes in the logistics sector. Global competition and increasing consumer expectations are forcing industrial enterprises to reorganize their business processes to support better...

Computer simulations of economic systems are slowly gaining ground within the economic profession. However, such a process is hindered by a lack of communication among researchers who do not share a common language. For its object-oriented structure and its versatility, Swarm has the necessary...

Agent-Based Computer Simulation of Dichotomous Economic Growth reports a project in agent-based computer stimulation of processes of economic growth in a population of boundedly rational learning agents. The study is an exercise in comparative simulation. That is, the same family of growth...

This paper seeks to explain the variation in the scale of violence across episodes of ethnic conflict, using data from Rwanda and Burundi. To do so, we explore the "dark side" of in-group policing -- when it is exploited for mass killing, instead of being used as a mechanism to reduce ethnic...

We consider k agents who have different subjective probabilities and are utility maximizers. A planner, who knows the beliefs of the agents, maximizes the social expected utility, which is increasing and symmetric in the utilities of the agents. She does that by optimally stopping the flow of...