Related papers: Oligopoly Dynamics
University-industry-government relations provide a networked infrastructure for knowledge-based innovation systems. This infrastructure organizes the dynamic fluxes locally and the knowledge base remains emergent given these conditions.…
This volume contains the papers presented at LINEARITY 2016, the Fourth International Workshop on Linearity, held on June 26, 2016 in Porto, Portugal. The workshop was a one-day satellite event of FSCD 2016, the first International…
An understanding of the economic landscape in a world of ever increasing data necessitates representations of data that can inform policy, deepen understanding and guide future research. Topological Data Analysis offers a set of tools which…
One of the main tasks in the study of financial and economic processes is forecasting and analysis of the dynamics of these processes. Within this task lie important research questions including how to determine the qualitative properties…
We propose a new way of looking at local optima networks (LONs). LONs represent fitness landscapes; the nodes are local optima, and the edges are search transitions between them. Many metrics computed on LONs have been proposed and shown to…
In cross-silo federated learning, clients (e.g., organizations) train a shared global model using local data. However, due to privacy concerns, the clients may not contribute enough data points during training. To address this issue, we…
We consider a firm producing and selling $d$ commodities, and consisting from $n$ production and $m$ sales divisions. The firm manager tries to stimulate the best division performance by sequentially selecting internal commodity prices…
These notes were prepared in occasion of a mini-course given by the author at the "CIMPA Research School - Hamiltonian and Lagrangian Dynamics" (10-19 March 2015 - Salto, Uruguay). The talks were meant as an introduction to the problem of…
The paper below is a written version of the 17th Andrzej Lasota Lecture presented on January 12th, 2024 in Katowice. During the lecture we tried to show the impact of Andrzej Lasota's results on the author's research concerning various…
The increased availability of data and computing resources has enabled researchers to successfully adopt machine learning (ML) techniques and make significant contributions in several engineering areas. ML and in particular deep learning…
Economic issues, such as inflation, energy costs, taxes, and interest rates, are a constant presence in our daily lives and have been exacerbated by global events such as pandemics, environmental disasters, and wars. A sustained history of…
These lecture notes cover the theory of convex optimization, with a particular emphasis on first-order methods.
The value assessment of private properties is an attractive but challenging task which is widely concerned by a majority of people around the world. A prolonged topic among us is ``\textit{how much is my house worth?}''. To answer this…
In this paper, we explore a dynamic Bertrand duopoly game with differentiated products, where firms are boundedly rational and consumers are assumed to possess an underlying CES utility function. We mainly focus on two distinct degrees of…
Most real world phenomena such as sunlight distribution under a forest canopy, minerals concentration, stock valuation, exhibit nonstationary dynamics i.e. phenomenon variation changes depending on the locality. Nonstationary dynamics pose…
The paper concerns a continuous model governed by a ODE system originated by a discrete duopoly model with bounded rationality, based on constant conjectural variation. The ultimately boundedness of the solutions (existence of an absorbing…
The recent advancements in Deep Learning (DL) research have notably influenced the finance sector. We examine the robustness and generalizability of fifteen state-of-the-art DL models focusing on Stock Price Trend Prediction (SPTP) based on…
This paper investigates applicability of thermodynamic concepts and principles to competitive systems. We show that Tsallis entropies are suitable for characterisation of systems with transitive competition when mutations deviate from Gibbs…
In the first part of this paper (Sections 1-4), we study a standard exchange economy model with Cobb-Douglas type consumers and give a necessary and sufficient condition for the existence of an odd period cycle in the Walras-Samuelson…
Algorithmic pricing raises a question of interpretation as well as intervention: when autonomous deep-learning pricing systems sustain supracompetitive prices, what strategic pattern have they learned, and how might market institutions…