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Persistent link: https://www.econbiz.de/10007744838
In this paper we investigate different learning schemes in dynamic game theory and consider their relative importance when constructing strategic decision models for economic and business applications. The different models of learning dynamics we have formulated fall into three main categories:...
Persistent link: https://www.econbiz.de/10005537724
Understanding the rate of adoption of a telecommunications service in a population of customers is of prime importance to ensure that appropriate network capacity is provided to maintain quality of service. This problem goes beyond assessing the demand for a product based on usage and requires...
Persistent link: https://www.econbiz.de/10005706672
Persistent link: https://www.econbiz.de/10008142730
In this contribution we aim at anchoring ABM simulations in actual models of human psychology. More specifically, we apply unidirectional Agent Based Modeling (ABM) to social psychological models using low level agents (i.e., intra-individual) to examine whether they generate better predictions,...
Persistent link: https://www.econbiz.de/10012764941
Abstract: We model opinion dynamics in populations of agents with continuous opinion and uncertainty. The opinions and uncertainties are modified by random pair interactions. We propose a new model of interactions, called relative agreement model, which is a variant of the previously discussed...
Persistent link: https://www.econbiz.de/10005518563
In this paper we compare a version of the individual-based “threshold model†of innovation diffusion (Valente 95) with an aggregate deterministic model that we constructed from it. The classical threshold model supposes that an individual adopts a behaviour according to a trade-off...
Persistent link: https://www.econbiz.de/10005518618
A contribution to the JASSS forum, in reaction to the paper in FASZ about our model of extremism
Persistent link: https://www.econbiz.de/10005481612
Persistent link: https://www.econbiz.de/10005473887
Meadows and Cliff (2012) failed to replicate the results of Deffuant et al. (2002) and concluded that our paper was wrong. In this note, we show that the conclusions of Meadows and Cliff are due to a wrong computation of indicator y, which was not fully specified in our 2002 paper. In...
Persistent link: https://www.econbiz.de/10011094299