While computer models provide many advantages over traditional experimental methods, they also raise several problems. The process of software development is a complicated task with high potential for errors, especially when it is carried out by scientists holding their expertise in other fields...

This paper investigates the adaptation of cooperating strategies in an iterated prisoner's dilemma (IPD) game with individually learning agents, subject to the structure of the interaction network. In particular, we study how cooperation or defection comes to dominate the population on...

The reported research treats interactions between households and generated feedback dynamics in the adoption of various transportation mode alternatives. We consider a model in which an agent’s choice is directly influenced by the percentages of the agent’s neighbors and socioeconomic peers...

Using high-frequency panel data for Indonesian provinces, we find that financial activities are associated with slower growth rates of productivity and output per capita. In particular, bank credit alone appears to inhibit growth more than the impact of credit and financial savings combined....

This study discusses the validation of an agent-based model of emergent city systems with heterogeneous agents. To this end, it proposes a simplified version of the original agent-based model and subjects it to mathematical analysis. The proposed model is transformed into an analytically...

In this paper we propose an interregional framework as a policy tool for identifying sectors that can stimulate Palestinian economic development while recognizing the reality of the Israeli-Palestinian economic interdependencies. Specifically, this paper emphasizes the potential role of...