We present a very simple stochastic traffic cellular automaton (CA) model to reproduce synchronized traffic. This model aims to be nearly as simple as the well-known Nagel–Schreckenberg model, but to overcome to shortcomings of the latter: The Nagel–Schreckenberg model (NaSch) and its...

Multi-Agent Based Simulation is a branch of Distributed Artificial Intelligence that builds the base for computer simulations which connect the micro and macro level of social and economic scenarios. This paper presents a new method of modelling the formation and change of patterns of action in...

In the nineteen-seventies, James Tobin suggested the introduction of a transaction tax on the currency market to cope with exchange rate volatility. In spite of his proposal being discussed frequently and very controversial ever since by economists and policy makers, the so-called Tobin tax has...

<Para ID="Par1">We explore the frontier between possibility and impossibility results by analyzing different combinations of “pro-socialness” and “consistency” conditions. This exercise delivers stronger versions of four classical impossibility theorems, and offers a thorough understanding of...</para>