Related papers: Endogenous Cycles in a Keen--Goodwin Model with Mi…
By generalizing the measurements on the game experiments of mixed strategy Nash equilibrium, we study the dynamical pattern in a representative dynamic stochastic general equilibrium (DSGE). The DSGE model describes the entanglements of the…
We study a class of Markov processes that combine local dynamics, arising from a fixed Markov process, with regenerations arising at a state-dependent rate. We give conditions under which such processes possess a given target distribution…
A new microeconomic model is presented that aims at a description of the long-term unit sales and price evolution of homogeneous non-durable goods in polypoly markets. It merges the product lifecycle approach with the price dispersion…
This paper considers endogenous selection models, in particular nonparametric ones. Estimating the unconditional law of the outcomes is possible when one uses instrumental variables. Using a selection equation which is additively separable…
We solve the nonequilibrium dynamics of qubits or quantum spin chains (s=1/2) modeled by an anisotropic XY Hamiltonian, when the initial condition is prepared as a spatially inhomogeneous state of the magnetization. Infinite systems are…
We establish small-data global existence and decay for the causal-informational nonlocal gravity model CETOmega in 3+1 dimensions. Under harmonic gauge the field equations reduce to a quasilinear hyperbolic system with causal memory…
Inspired by the Hayden-Preskill protocol for black hole evaporation, we consider the dynamics of a quantum many-body qudit system coupled to an external environment, where the time evolution is driven by the continuous limit of certain…
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…
In this paper we derive an extra class of non-Markovian master equations where the system state is written as a sum of auxiliary matrixes whose evolution involve Lindblad contributions with local coupling between all of them, resembling the…
We reconsider the dynamical systems approach to analyze inflationary universe in the Jordan frame models of scalar field nonminimally coupled to curvature. The adopted set of variables allows us to clearly distinguish between different…
We consider models of bosons on curved 3+1 dimensional space-time embedded in a higher dimensional flat ambient space. We propose to derive (rather than postulate) equations of motions by assuming that a standard Klein-Gordon field on…
This paper characterizes differentiable subgame perfect equilibria in a continuous time intertemporal decision optimization problem with non-constant discounting. The equilibrium equation takes two different forms, one of which is…
We investigate a generalized stochastic model with the property known as mean reversion, that is, the tendency to relax towards a historical reference level. Besides this property, the dynamics is driven by multiplicative and additive…
We study here numerically the behavior of an ideal gas like model of markets having only one non-consumable commodity. We investigate the behavior of the steady-state distributions of money, commodity and total wealth, as the dynamics of…
We propose a simple framework to understand commonly observed crisis waves in macroeconomic Agent Based models, that is also relevant to a variety of other physical or biological situations where synchronization occurs. We compute exactly…
We numerically study the three-dimensional Edwards-Anderson model with Gaussian couplings, focusing on the heterogeneities arising in its nonequilibrium dynamics. Results are analyzed in terms of the backbone picture, which links strong…
Linear stochastic models and discretized kinetic theory are two complementary analytical techniques used for the investigation of complex systems of economic interactions. The former employ Langevin equations, with an emphasis on stock…
In this article, I present a new approach and a novel model to the study of the life cycle of wages. The key idea is that wage can be thought as remuneration paid for the competency. It is assumed with the approach that there are three…
We investigate a non-singular cosmological scenario in which uniform-rate inflation is realised on an anisotropic Shtanov-Sahni braneworld. The model naturally resolves the initial singularity resulting in an infinite number of smooth…
We consider time-invariant nonlinear $n$-dimensional strongly $2$-cooperative systems, that is, systems that map the set of vectors with up to weak sign variation to its interior. Strongly $2$-cooperative systems enjoy a strong…