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This paper describes an agent-based model of interacting firms, in which interacting firm agents rationally invest capital and labor in order to maximize payoff. Both transactions and production are taken into account in this model. First, the performance of individual firms on a real...
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Firm dynamics on a transaction network is considered from the standpoint of econophysics, agent-based simulations, and …
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Econophysics of Games and Social Choices -- Kolkata Paise Restaurant Problem in Some Uniform Learning Strategy Limits … Econophysics. These developments share a common ambition with the already established field of Quantitative Economics. This volume … also included in this volume. The book consists of two parts: the first part concentrates on Econophysics problems and the …
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