Showing 1 - 10 of 22
We study a system in which N agents have to decide between two strategies θi(i ∈ 1 … N), for defection or cooperation, when interacting with other n agents (either spatial neighbors or randomly chosen ones). After each round, they update their strategy responding nonlinearly to two...
Persistent link: https://www.econbiz.de/10011010846
In this paper, we present a new agent-based model for the simulation of tax compliance and tax evasion behavior (SIMULFIS). The main novelties of the model are the introduction of a "behavioral filter approach" to model tax decisions, the combination of a set of different mechanisms to produce...
Persistent link: https://www.econbiz.de/10011010874
This paper introduces a connectionist Agent-Based Model (cABM) that incorporates detailed, micro-level understanding of social influence processes derived from laboratory studies and that aims to contextualize these processes in such a way that it becomes possible to model multidirectional,...
Persistent link: https://www.econbiz.de/10011010878
In this paper we investigate the degree to which two social influences, namely imitation and coordinated consumption, effectuate inequalities in the motion picture industry. We develop an agent-based model based on micro movie visitors' decision-making that generates the observed macro market...
Persistent link: https://www.econbiz.de/10005047389
Despite the increasing diffusion of the Internet technology, TV remains the principal medium of communication. People's perceptions, knowledge, beliefs and opinions about matters of fact get (in)formed through the information reported on by the media.However, a single source of information (and...
Persistent link: https://www.econbiz.de/10009188928
We discuss a special Pólya lattice model to study cascading failures of firms in a simple industrial economy. In particular, every firm is represented by a Pólya-like urn, whose reinforcement is function of time, of the neighboring urns and their compositions, and of a random variable...
Persistent link: https://www.econbiz.de/10011010873
We consider a model of contagion in financial networks recently introduced in Gai, P. and Kapadia, S. [Contagion in …, heterogeneous balance sheet size and degree correlations between banks. We study the probability of contagion conditional on the … heterogeneous degree distributions are shown to be more resilient to contagion triggered by the failure of a random bank, but more …
Persistent link: https://www.econbiz.de/10010570063
The boards of large corporations sharing some of their directors are connected in complex networks. Boards are responsible for corporations' long-term strategy and are often involved in decisions about a common topic related to the belief in economical growth or recession. We are interested in...
Persistent link: https://www.econbiz.de/10004970182
Experimental evidence suggests that human decisions involve a mixture of self-interest and internalized social norms which cannot be accounted for by the Nash equilibrium behavior of Homo Economicus. This led to the notion of strong reciprocity (or altruistic punishment) to capture the human...
Persistent link: https://www.econbiz.de/10004977683
Reputation is a fundamental instrument of partner selection. Developed within the domain of electronic auctions, reputation technology is being been imported by other applications, from social networks to institutional evaluation. Its impact on trust enforcement is uncontroversial and its...
Persistent link: https://www.econbiz.de/10004977719