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We investigate the effect of tax evasion on the income distribution and the inequality index of a society through a kinetic model described by a set of nonlinear ordinary differential equations. The model allows to compute the global…

General Finance · Quantitative Finance 2014-08-25 Maria Letizia Bertotti , Giovanni Modanese

This paper concerns sequential hypothesis testing in competitive multi-agent systems where agents exchange potentially manipulated information. Specifically, a two-agent scenario is studied where each agent aims to correctly infer the true…

Systems and Control · Electrical Eng. & Systems 2025-04-04 Aneesh Raghavan , M. Umar B. Niazi , Karl H. Johansson

In this paper, we present a mathematical model to describe the temporal evolution of delinquent behavior, treating it as a socially transmitted phenomenon influenced by peer interactions, thus similar to an epidemic. We consider a…

Physics and Society · Physics 2025-05-26 Alessandro Ramponi , M. Elisabetta Tessitore

We incorporate the behaviour of tax evasion into the standard two-dimensional Ising model and augment it by providing policy-makers with the opportunity to curb tax evasion via an appropriate enforcement mechanism. We discuss different…

Physics and Society · Physics 2008-05-08 Frank Westerhoff , Welington Lima , Georg Zaklan

We investigate, through a kinetic-exchange model, the impact that an external field, like advertising and propaganda, has on opinion dynamics. We address the situations where two opposite alternatives can be selected but the possibility of…

Statistical Mechanics · Physics 2020-04-22 Francisco Freitas , Allan R. Vieira , Celia Anteneodo

We study social behaviour of agents on capital markets when these are perturbed by small perturbations. We use the mean field method. Social behaviour of agents on capital markets is described: volatility of the market, aversion constant…

Physics and Society · Physics 2021-08-19 Ondrej Hudak , Jana Tothova

Different models to study the wealth distribution in an artificial society have considered a transactional dynamics as the driving force. Those models include a risk aversion factor, but also a finite probability of favoring the poorer…

Physics and Society · Physics 2009-11-11 M. A. Fuentes , M. N. Kuperman , J. R. Iglesias

We introduce and discuss kinetic models describing the influence of the competence in the evolution of decisions in a multi-agent system. The original exchange mechanism, which is based on the human tendency to compromise and change opinion…

Physics and Society · Physics 2016-11-23 Lorenzo Pareschi , Pierluigi Vellucci , Mattia Zanella

Simple agent based exchange models are a commonplace in the study of wealth distribution of artificial societies. Generally, each agent is characterized by its wealth and by a risk-aversion factor, and random exchanges between agents allow…

Adaptation and Self-Organizing Systems · Physics 2009-11-11 G. M. Caon , S. Goncalves , J. R. Iglesias

Multi-Agent Reinforcement Learning involves agents that learn together in a shared environment, leading to emergent dynamics sensitive to initial conditions and parameter variations. A Dynamical Systems approach, which studies the evolution…

Multiagent Systems · Computer Science 2025-01-03 David Goll , Jobst Heitzig , Wolfram Barfuss

The steady-state and nonequilibrium properties of the model of environmental-economic interactions are studied. The interacting heterogeneous agents are simulated on the platform of the emission dynamics of cellular automaton. The model…

Physics and Society · Physics 2009-11-13 Z. Kuscsik , D. Horvath , M. Gmitra

We present a minimal agent-based model of interacting agents characterized by their wealth to study taxation and inequality in a non-conservative economy. Wealth evolves through an extremal stochastic replacement process in which the…

Physics and Society · Physics 2026-05-05 Lautaro Giordano , Sebastian Gonçalves , José Roberto Iglesias , María Fabiana Laguna

In this work an opinion formation model with heterogeneous agents is proposed. Each agent is supposed to have different power of persuasion, and besides its own level of zealotry, that is, an individual willingness to being convinced by…

Analysis of PDEs · Mathematics 2018-03-28 Mayte Pérez-Llanos , Juan Pablo Pinasco , Nicolas Saintier , Analía Silva

In this work we study opinion formation in a population participating of a public debate with two distinct choices. We considered three distinct mechanisms of social interactions and individuals' behavior: conformity, nonconformity and…

Physics and Society · Physics 2015-12-11 Nuno Crokidakis , Paulo Murilo Castro de Oliveira

We propose a continuous-time nonlinear model of opinion dynamics with utility-maximizing agents connected via a social influence network. A distinguishing feature of the proposed model is the inclusion of an opinion-dependent…

Systems and Control · Electrical Eng. & Systems 2024-11-12 Prashil Wankhede , Nirabhra Mandal , Sonia Martínez , Pavankumar Tallapragada

We consider a system in which a group of agents represented by the vertices of a graph synchronously update their opinion based on that of their neighbours. If each agent adopts a positive opinion if and only if that opinion is sufficiently…

Combinatorics · Mathematics 2020-08-12 John Haslegrave , Chris Cannings

We propose a Markov jump process with the three-state herding interaction. We see our approach as an agent-based model for the financial markets. Under certain assumptions this agent-based model can be related to the stochastic description…

Trading and Market Microstructure · Quantitative Finance 2013-02-05 Aleksejus Kononovicius , Vygintas Gontis

Imitative and contrarian behaviors are the two typical opposite attitudes of investors in stock markets. We introduce a simple model to investigate their interplay in a stock market where agents can take only two states, bullish or bearish.…

Statistical Mechanics · Physics 2008-12-02 A. Corcos , J. -P. Eckmann , A. Malaspinas , Y. Malevergne , D. Sornette

Designing tax policies that are effective in curbing tax evasion and maximize state revenues requires a rigorous understanding of taxpayer behavior. This work explores the problem of determining the strategy a self-interested, risk-averse…

Artificial Intelligence · Computer Science 2018-01-30 Nikolaos D. Goumagias , Dimitrios Hristu-Varsakelis , Yannis M. Assael

In this work we study a continuous opinion dynamics model considering 3-agent interactions and group pressure. Agents interact in a fully-connected population, and two parameters govern the dynamics: the agents' convictions $\lambda$, that…

Physics and Society · Physics 2020-05-26 Nuno Crokidakis