The main purpose of the paper is to determine a general behavior of a multi-agent model capable of describing the process of deliberation of an investors group witch may repeatedly decide whether to buy or sell an asset. Each adaptive agent was modeled as

Renewable solar, tidal and wind energy have the potential of reducing dependency on fossil fuels and their environmentally negative impacts. Because of their variability, wind and solar energy in particular impose added costs on electrical grids as system operators attempt to balance operation...

Following model calculations presented in this paper he removal of the EU quota system will result in 21% more milk production in the Netherlands. Large dairy farms expand and achieve higher income levels compared to a scenario with quota continuation, as increasing scale of production and...

We examine the relationship between bank size and financial stability by viewing the supervisor of a banking system as an investor holding a portfolio of banks. Based on this view, we investigate the role of large banks in determining the systemic risk in this portfolio. Our results, based on...

The choice network revenue management (RM) model incorporates customer purchase behavior as customers purchasing products with certain probabilities that are a function of the offered assortment of products, and is the appropriate model for airline and hotel network revenue management, dynamic...