We study population game dynamics under which each revising agent tests each of his strategies a fixed number of times, with each play of each strategy being against a newly drawn opponent, and chooses the strategy whose total payoff was highest. In the Centipede game, these best experienced...

VAR modelling is a frequent technique in econometrics for linear processes. VAR modelling offers some desirable features such as relatively simple procedures for model specification (order selection) and the possibility of obtaining quick non-iterative maximum likelihood estimates of the system...

VAR modelling is a frequent technique in econometrics for linear processes. VAR modelling offers some desirable features such as relatively simple procedures for model specification (order selection) and the possibility of obtaining quick non-iterative maximum likelihood estimates of the system...

This thesis advances game theory by formally analysing the implications of replacing some of its most stringent assumptions with alternatives that –at least in certain contexts– have received greater empirical support. Specifically, this thesis makes two distinct contributions in the field...

This paper provides a framework that highlights the features of computer models that make them especially vulnerable to floating-point errors, and suggests ways in which the impact of such errors can be mitigated. We focus on small floating-point errors because these are most likely to occur,...

This paper describes work undertaken converting the Artificial Stock Market (LeBaron et al., 1999; Johnson, 2002) to using interval arithmetic instead of floating point arithmetic, the latter having been shown in an earlier article to be the cause of changed behaviour in the ASM (Polhill et al., in...

Agent-based modeling is being increasingly used to simulate socio-techno-ecosystems that involve social dynamics. Humans face constraints that they sometimes wish to challenge, and when they do so, they often trigger changes at the scale of the social group too. Including such adaptation...