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Related papers: On Convergence in the Spatial AK Growth Models

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Asymptotic optimality is a key theoretical property in model averaging. Due to technical difficulties, existing studies rely on restricted weight sets or the assumption that there is no true model with fixed dimensions in the candidate set.…

Statistics Theory · Mathematics 2024-11-15 Wenchao Xu , Xinyu Zhang

We deal with an infinite horizon, infinite dimensional stochastic optimal control problem arising in the study of economic growth in time-space. Such problem has been the object of various papers in deterministic cases when the possible…

Optimization and Control · Mathematics 2022-03-14 Fausto Gozzi , Marta Leocata

An asymptotically optimal sampling-based planner employs sampling to solve robot motion planning problems and returns paths with a cost that converges to the optimal solution cost, as the number of samples approaches infinity. This…

Robotics · Computer Science 2022-01-07 Kostas E. Bekris , Rahul Shome

In the recent literature dealing with spatial extensions of the continuous Ramsey model, the capital accumulation process via time and space is modeled as a linear parabolic partial differential equation. The process of capital movement…

Optimization and Control · Mathematics 2019-09-06 L. Fredrick , G. Müller-Fürstenberger , E. W. Sachs , L. Somorowsky

A dynamical model for the distribution of resources between competing agents is studied. While global competition leads to the accumulation of all the resources by a single agent, local competition allows for a wider resource distribution.…

Adaptation and Self-Organizing Systems · Physics 2009-10-31 Damian H. Zanette

Understanding how spatial configurations of economic activity emerge is important when formulating spatial planning and economic policy. Not only micro-simulation and agent-based model such as UrbanSim, ILUMAS and SIMFIRMS, but also Simon's…

Multiagent Systems · Computer Science 2012-05-02 Jung-Hun Yang , Dick Ettema , Koen Frenken , Frank Van Oort , Evert-Jan Visser

We review some results on abstract linear and nonlinear population models with age and spatial structure. The results are mainly based on the assumption of maximal $L_p$-regularity of the spatial dispersion term. In particular, this…

Analysis of PDEs · Mathematics 2017-09-14 Christoph Walker

We introduce and discuss optimal control strategies for kinetic models for wealth distribution in a simple market economy, acting to minimize the variance of the wealth density among the population. Our analysis is based on a finite time…

Physics and Society · Physics 2018-10-25 Bertram Düring , Lorenzo Pareschi , Giuseppe Toscani

This paper develops a general asymptotic theory of local polynomial (LP) regression for spatial data observed at irregularly spaced locations in a sampling region $R_n \subset \mathbb{R}^d$. We adopt a stochastic sampling design that can…

Statistics Theory · Mathematics 2023-12-27 Daisuke Kurisu , Yasumasa Matsuda

We prove asymptotic convergence for a general class of $k$-means algorithms performed over streaming data from a distribution: the centers asymptotically converge to the set of stationary points of the $k$-means cost function. To do so, we…

Machine Learning · Computer Science 2022-02-23 Sanjoy Dasgupta , Gaurav Mahajan , Geelon So

Macroeconomic theories of growth and wealth distribution have an outsized influence on national and international social and economic policies. Yet, due to a relative lack of reliable, system wide data, many such theories remain, at best,…

General Finance · Quantitative Finance 2016-08-30 Eamon Duede , Victor Zhorin

This chapter is about Complexity and Spatial Dynamics in Urban Systems. Strong inequalities in the size of cities and the apparent difficulty of limiting their growth raise practical issues for spatial planning. At a time when new…

Physics and Society · Physics 2020-10-29 Juste Raimbault , Denise Pumain

This study analyses, through cross-section estimation methods, the influence of spatial effects and human capital in the conditional productivity convergence (product per worker) in the economic sectors of NUTs III of mainland Portugal…

General Finance · Quantitative Finance 2011-10-26 Vitor Joao Pereira Domingues Martinho

This paper proposes a spatial model with a realistic geography where a continuous distribution of agents (e.g., farmers) engages in economic interactions with one location from a finite set (e.g., cities). The spatial structure of the…

Theoretical Economics · Economics 2023-06-02 Gianandrea Lanzara , Matteo Santacesaria

We introduce a model in which city populations grow at rates proportional to the area of their "sphere of influence", where the influence of a city depends on its population (to power \alpha) and distance from city (to power -\beta) and…

Physics and Society · Physics 2012-09-25 David Aldous , Bowen Huang

In this work and the supporting Parts II [2] and III [3], we provide a rather detailed analysis of the stability and performance of asynchronous strategies for solving distributed optimization and adaptation problems over networks. We…

Systems and Control · Computer Science 2014-12-17 Xiaochuan Zhao , Ali H. Sayed

Models of spatial firm competition assume that customers are distributed in space and transportation costs are associated with their purchases of products from a small number of firms that are also placed at definite locations. It has been…

Trading and Market Microstructure · Quantitative Finance 2017-02-22 Alan Roncoroni , Matus Medo

In this survey we report some recent results in the mathematical modeling of epidemic phenomena through the use of kinetic equations. We initially consider models of interaction between agents in which social characteristics play a key role…

Populations and Evolution · Quantitative Biology 2023-09-11 Giacomo Albi , Giulia Bertaglia , Walter Boscheri , Giacomo Dimarco , Lorenzo Pareschi , Giuseppe Toscani , Mattia Zanella

ATMs enable the public to perform financial transactions. Banks try to strategically position their ATMs in order to maximize transactions and revenue. In this paper, we introduce a model which provides a score to an ATM location, which…

Computers and Society · Computer Science 2017-06-29 Somnath Basu Roy Chowdhury , Biswarup Bhattacharya , Sumit Agarwal

We study the problem in which a central planner sequentially allocates a single resource to multiple strategic agents using their utility reports at each round, but without using any monetary transfers. We consider general agent utility…

Computer Science and Game Theory · Computer Science 2024-08-20 Moise Blanchard , Patrick Jaillet