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We consider models of financial markets in which all parties involved find incentives to participate. Strategies are evaluated directly by their virtual wealths. By tuning the price sensitivity and market impact, a phase diagram with…

Trading and Market Microstructure · Quantitative Finance 2009-11-13 C. H. Yeung , K. Y. Michael Wong , Y. -C. Zhang

The lack of cooperation can easily result in inequality among members of a society, which provides an increasing gap between individual incomes. To tackle this issue, we introduce an incentive mechanism based on individual strategies and…

Physics and Society · Physics 2025-01-24 Luo-Luo Jiang , Yi-Ming Li , Wen-Jing Li , Attila Szolnoki

An increasing number of businesses and organisations rely on existing users for finding new users or spreading a message. One of the widely used "refer-a-friend" mechanisms offers an equal reward to both the referrer and the invitee. This…

Computer Science and Game Theory · Computer Science 2014-04-03 Talal Rahwan , Victor Naroditskiy , Tomasz Michalak , Michael Wooldridge , Nicholas R Jennings

A model of Boolean agents competing in a market is presented where each agent bases his action on information obtained from a small group of other agents. The agents play a competitive game that rewards those in the minority. After a long…

Statistical Mechanics · Physics 2009-10-31 Maya Paczuski , Kevin E. Bassler , Alvaro Corral

Firms compete for clients, creating distributions of market shares ranging from domination by a few giant companies to markets in which there are many small firms. These market structures evolve in time, and may remain stable for many years…

Physics and Society · Physics 2024-01-09 Joseph Hickey

Networks provide a skeleton for the spread of contagions, like, information, ideas, behaviors and diseases. Many times networks over which contagions diffuse are unobserved and need to be inferred. Here we apply survival theory to develop…

Social and Information Networks · Computer Science 2013-05-17 Manuel Gomez Rodriguez , Jure Leskovec , Bernhard Schoelkopf

One of the methods used in order to protect a secret K is a secret sharing scheme. In this scheme the secret K is distributed among a finite set of participants P by a special participant called the dealer, in such a way that only…

Information Theory · Computer Science 2020-03-31 Ghanem Meriem , Bouroubi Sadek

In repeated interactions between individuals, we do not expect that exactly the same situation will occur from one time to another. Contrary to what is common in models of repeated games in the literature, most real situations may differ a…

Populations and Evolution · Quantitative Biology 2007-05-23 Anders Eriksson , Kristian Lindgren

This paper introduces a recurrent neural network approach for predicting user lifetime value in Software as a Service (SaaS) applications. The approach accounts for three connected time dimensions. These dimensions are the user cohort (the…

Applications · Statistics 2025-01-07 Huigang Chen , Edwin Ng , Slawek Smyl , Gavin Steininger

Bribe demands present a social conflict scenario where decisions have wide-ranging economic and ethical consequences. Nevertheless, such incidents occur daily in many countries across the globe. Harassment bribery constitute a significant…

Physics and Society · Physics 2018-04-26 Prateek Verma , Anjan K. Nandi , Supratim Sengupta

Although the existence of robust inverted biomass pyramids seem paradoxical, they have been observed in planktonic communities, and more recently, in pristine coral reefs. Understanding the underlying mechanisms which produce inverted…

Populations and Evolution · Quantitative Biology 2008-11-25 Hao Wang , Wendy Morrison , Abhinav Singh , Howard Weiss

To incentivize users' participations and steer their online activities, online social networks start to provide users with various kinds of rewards for their contributions to the sites. The most frequently distributed rewards include…

Social and Information Networks · Computer Science 2016-07-06 Jiawei Zhang , Xiangnan Kong , Philip S. Yu

We consider a dynamic social network model in which agents play repeated games in pairings determined by a stochastically evolving social network. Individual agents begin to interact at random, with the interactions modeled as games. The…

Probability · Mathematics 2007-05-23 Brian Skyrms , Robin Pemantle

Systems composed of distinct complex networks are present in many real-world environments, from society to ecological systems. In the present paper, we propose a network model obtained as a consequence of interactions between two species…

Biological Physics · Physics 2007-08-08 Luis Enrique Correa da Rocha , Luciano da Fontoura Costa

Crowdfunding is gradually becoming a modern marketing pattern. By noting that the success of crowdfunding depends on network externalities, our research aims to utilize them to provide an applicable referral mechanism in a…

Theoretical Economics · Economics 2018-08-10 Yongli Li , Zhi-Ping Fan , Wei Zhang

We present a simplified model for the exploitation of finite resources by interacting agents, where each agent receives a random fraction of the available resources. An extremal dynamics ensures that the poorest agent has a chance to change…

Adaptation and Self-Organizing Systems · Physics 2009-11-07 S. Pianegonda , J. R. Iglesias , G. Abramson , J. L. Vega

This paper describes a basic model of a gift economy in the shape of a Giving Game and reveals the fundamental structure of such a game. Main result is that the game shows a community effect in that a small subgroup of players eventually…

Theoretical Economics · Economics 2021-05-26 Peter Weijland

We present a simple model for growing up and depletion of parties due to the permanent communication between the participants of the events. Because of the rapid exchange of information, everybody is able to evaluate its own and and all…

Physics and Society · Physics 2009-11-11 Marian Brandau , Steffen Trimper

Complex networks has been a hot topic of research over the past several years over crossing many disciplines, starting from mathematics and computer science and ending by the social and biological sciences. Random graphs were studied to…

Computers and Society · Computer Science 2021-01-28 Alaa Eddin Alchalabi

Although recent model-free reinforcement learning algorithms have been shown to be capable of mastering complicated decision-making tasks, the sample complexity of these methods has remained a hurdle to utilizing them in many real-world…

Machine Learning · Computer Science 2020-04-21 Saeed Moazami , Peggy Doerschuk