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This paper investigates how people return to information in a dynamic information environment. For example, a person might want to return to Web content via a link encountered earlier on a Web page, only to learn that the link has since been removed. Changes can benefit users by providing new...
Persistent link: https://www.econbiz.de/10009432936
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We consider an equilibrium model à la Kyle–Back for a defaultable claim issued by a given firm. In such a market the insider observes continuously in time the value of the firm, which is unobservable by the market makers. Using the construction in Campi et al. (<ExternalRef>...</refsource></externalref>
Persistent link: https://www.econbiz.de/10010997065
The essential feature of market economy is the balance between independent economic agents and the autonomous ones, as this type of economy functions without any restrictions imposed by the state, thus each economic agents being free to spend, use, produce and save as much as they consider fit...
Persistent link: https://www.econbiz.de/10005243286
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Universal and rigorously derived concept of dynamic complexity (ccsd-00004906) shows that any system of interacting components, including society and civilisation, exists only as a process of highly inhomogeneous, qualitative development of its complexity. Modern state of civilisation...
Persistent link: https://www.econbiz.de/10008790741
The recently proposed new, universally applicable, rigorously derived and reality-based concept of dynamic complexity provides a unified basis for the causally complete understanding of any real, multi-component and multi-level system of interacting entities, including the case of earth system...
Persistent link: https://www.econbiz.de/10008793963
We consider an equilibrium model á la Kyle-Back for a defaultable claim issued by a given firm. In such a market the insider observes \emph{continuously in time} the value of firm, which is unobservable by the market maker. Using the construction of a dynamic Bessel bridge of dimension $3$ in...
Persistent link: https://www.econbiz.de/10011073367
We study information packet routing processes on scale-free networks by mimicking the Internet traffic delivery strategies. We incorporate both the global network structure information and local queuing information in the dynamic processes. We propose several new routing strategies to guide the...
Persistent link: https://www.econbiz.de/10011059640