Based on a classical contact model, the spreading dynamics on scale-free networks is investigated by taking into account exponential preferentiality in both sending out and accepting processes. In order to reveal the macroscopic and microscopic dynamic features of the networks, the total...

We introduce a “gradient” to find out the defectors, and further a “topology potential” to characterize the individual’s strategy preference in the prisoner’s dilemma on scale-free networks. It is shown that the cooperators typically locate on the nodes with high topology potential...

The evolution of strategies in the iterated prisoner's dilemma on scale-free networks is investigated. It is found that the smaller the average degree is, the easier it is to promote cooperation by natural selection. Cooperation on scale-free networks built upon big clustering coefficients is...

Using molecular dynamics (MD) simulation and evolutionary game theory, we incorporate the spacial structure of individuals into the study of the behaviors of cooperation, by adopting the prisoner's dilemma and snowdrift game as metaphors of cooperation between unrelated individuals. The results...

Purpose – Longevity risk, that is, the uncertainty of the demographic survival rate, is an important risk for insurance companies and pension funds, which have large, and long‐term, exposures to survivorship. The purpose of this paper is to propose a new model to describe this demographic...

In this paper, we investigate the predictability of corporate bond excess returns using a comprehensive data sample for the period from January 1973 to December 2010. We find that corporate bond returns are more predictable than stock returns, and the predictability tends to be higher for...