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This paper proposes a new way to model behavioral agents in dynamic macro-financial environments. Agents are described as neural networks and learn policies from idiosyncratic past experiences. I investigate the feedback between…

General Economics · Economics 2021-10-25 Artem Kuriksha

Migration patterns are complex and context-dependent, with the distances migrants travel varying greatly depending on socio-economic and demographic factors. While global migration studies often focus on Western countries, there is a…

Physics and Society · Physics 2026-03-30 Irene Tafani , Ola Ali , Rafael Prieto-Curiel , Massimo Riccaboni

Migration is a fundamental trait in humans and animals. Recent studies investigated the effect of migration on the evolution of cooperation, showing that contingent migration favors cooperation in spatial structures. In those studies, only…

Populations and Evolution · Quantitative Biology 2013-11-05 Genki Ichinose , Masaya Saito , Hiroki Sayama , David Sloan Wilson

Cities create potential for individuals from different backgrounds to interact with one another. It is often the case, however, that urban infrastructure obfuscates this potential, creating dense pockets of affluence and poverty throughout…

Physics and Society · Physics 2023-04-21 Nandini Iyer , Ronaldo Menezes , Hugo Barbosa

Extreme weather events are projected to intensify global migration, increase resource competition, and amplify socio-spatial phenomena, including intergroup conflicts, socioeconomic inequalities, and unplanned displacements, among others.…

The climate system is a forced, dissipative, nonlinear, complex and heterogeneous system that is out of thermodynamic equilibrium. The system exhibits natural variability on many scales of motion, in time as well as space, and it is subject…

Atmospheric and Oceanic Physics · Physics 2020-08-05 Michael Ghil , Valerio Lucarini

This paper studies how household heterogeneity affects the level and cyclical behavior of the optimal carbon tax in a real economy. We demonstrate that an equity-efficiency trade-off arises due to income inequality and heterogeneity in the…

Theoretical Economics · Economics 2025-03-04 Cristiano Cantore , Giovanni Di Bartolomeo , Francesco Saverio Gaudio

The evolution of leadership in migratory populations depends not only on costs and benefits of leadership investments but also on the opportunities for individuals to rely on cues from others through social interactions. We derive an…

Adaptation and Self-Organizing Systems · Physics 2013-05-17 Darren Pais , Naomi Ehrich Leonard

Understanding the role of human behavior in shaping environmental outcomes is crucial for addressing global challenges such as climate change. Environmental systems are influenced not only by natural factors like temperature, but also by…

Physics and Society · Physics 2026-05-15 Luke Wisniewski , Thomas Zdyrski , Feng Fu

The agricultural sector is particularly susceptible to the impact of climate change. In this paper, I investigate how vulnerability to climate change affects U.S. farms' credit access, and demonstrates that such impact is unequally…

General Economics · Economics 2024-10-01 Teng Liu

Human travelling behaviours are markedly regular, to a large extent, predictable, and mostly driven by biological necessities (\eg sleeping, eating) and social constructs (\eg school schedules, synchronisation of labour). Not surprisingly,…

Poor economies not only produce less; they typically produce things that involve fewer inputs and fewer intermediate steps. Yet the supply chains of poor countries face more frequent disruptions---delivery failures, faulty parts, delays,…

General Finance · Quantitative Finance 2017-09-05 Charles D. Brummitt , Kenan Huremovic , Paolo Pin , Matthew H. Bonds , Fernando Vega-Redondo

Trapping refers to the event when a household falls into the area of poverty. Households that live or fall into the area of poverty are said to be in a poverty trap, where a poverty trap is a state of poverty from which it is difficult to…

General Economics · Economics 2024-02-06 José Miguel Flores-Contró , Séverine Arnold

Segregation has long been recognized as a driver of environmental inequalities, with disadvantaged groups often living in neighborhoods where heat-related risks are highest. Yet, it remains unclear how daily mobility patterns, embedded…

Physics and Society · Physics 2026-03-27 Marc Duran-Sala , Mattia Mazzoli , Martin Hendrick , Gabriele Manoli

Ecosystems are formed by networks of species and their interactions. Traditional models of such interactions assume a constant interaction strength between a given pair of species. However, there is often significant trait variation among…

Populations and Evolution · Quantitative Biology 2022-05-03 Zachary Jackson , BingKan Xue

I propose a new conceptual framework to disentangle the impacts of weather and climate on economic activity and growth: A stochastic frontier model with climate in the production frontier and weather shocks as a source of inefficiency. I…

General Economics · Economics 2021-05-07 Richard S. J. Tol

Two critical questions about intergenerational outcomes are: one, whether significant barriers or traps exist between different social or economic strata; and two, the extent to which intergenerational outcomes do (or can be used to) affect…

General Economics · Economics 2018-07-23 Joel Nishimura

This paper quantifies the significance and magnitude of the effect of measurement error in remote sensing weather data in the analysis of smallholder agricultural productivity. The analysis leverages 17 rounds of nationally-representative,…

General Economics · Economics 2021-10-06 Jeffrey D. Michler , Anna Josephson , Talip Kilic , Siobhan Murray

In this paper, we analyze the long-term distributive impact of climate change through rising food prices. We use a standard incomplete markets model and account for non-linear Engel curves for food consumption. For the calibration of our…

General Economics · Economics 2023-10-31 Alkis Blanz

Whether in search of better trade opportunities or escaping wars, humans have always been on the move. For almost a century, mathematical models of human mobility have been instrumental in the quantification of commuting patterns and…

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