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The distributions of income and wealth in countries across the world are found to possess some robust and stable features independent of the specific economic, social and political conditions of the countries. We discuss a few physics-inspired multi-agent dynamic models along with their...
Persistent link: https://www.econbiz.de/10003905043
The distributions of income and wealth in countries across the world are found to possess some robust and stable features independent of the specific economic, social and political conditions of the countries. We discuss a few physics-inspired multi-agent dynamic models along with their...
Persistent link: https://www.econbiz.de/10003933158
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This book provides the first comprehensive introduction to multi-agent, multi-choice repetitive games, such as the Kolkata Restaurant Problem and the Minority Game. It explains how the tangible formulations of these games, using stochastic strategies developed by statistical physicists employing...
Persistent link: https://www.econbiz.de/10012397169
We have studied few social inequality measures associated with the sub-critical dynamical features (measured in terms of the avalanche size distributions) of four self-organized critical models while the corresponding systems approach their respective stationary critical states. It has been...
Persistent link: https://www.econbiz.de/10013300086
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Econophysics of Games and Social Choices -- Kolkata Paise Restaurant Problem in Some Uniform Learning Strategy Limits -- Cycle Monotonicity in Scheduling Models -- Reinforced Learning in Market Games -- Mechanisms Supporting Cooperation for the Evolutionary Prisoner’s Dilemma Games -- Economic...
Persistent link: https://www.econbiz.de/10013522717