The firms have different behaviors on the real market. Starting from these ideas the present paper intends to identify the main explanatory elements that show the evolution of the firm. We study the effect of time delays in evolutionary games with one population of users and two strategies. The...

One of the remarkable results of the rapid advances in information technology is the production of tremendous amounts of data sets, so large or complex that available processing methods are inadequate, among these methods cluster analysis. Clustering becomes more challenging and complex. In this...

We examine the efficiency of emissions trading in bilateral and clearinghouse markets with heterogeneous, boundedly rational agents making decisions under imperfect and asymmetric information, and transaction costs. Results are derived using a stochastic agent-based simulation model of agents’...