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We introduce a minimal model of multilevel selection on structured populations, considering the interplay between game theory and population dynamics. Through a bottleneck process, finite groups are formed with cooperators and defectors…

Populations and Evolution · Quantitative Biology 2023-10-02 Jeferson J. Arenzon , Luca Peliti

We study the emergence of cooperation in large spatial public goods games. Without employing severe social-pressure against "defectors", or alternatively, significantly rewarding "cooperators", theoretical models typically predict a system…

Computer Science and Game Theory · Computer Science 2021-09-13 Amos Korman , Robin Vacus

We propose to study market efficiency from a computational viewpoint. Borrowing from theoretical computer science, we define a market to be \emph{efficient with respect to resources $S$} (e.g., time, memory) if no strategy using resources…

Computational Engineering, Finance, and Science · Computer Science 2009-09-01 Jasmina Hasanhodzic , Andrew W. Lo , Emanuele Viola

We introduce an agent-based model, in which agents set their prices to maximize profit. At steady state the market self-organizes into three groups: excess producers, consumers and balanced agents, with prices determined by their own…

General Finance · Quantitative Finance 2018-01-03 Bin Li , K. Y. Michael Wong , Amos H. M. Chan , Tsz Yan So , Hermanni Heimonen , Junyi Wei , David Saad

We consider a sharing economy network where agents embedded in a graph share their resources. This is a fundamental model that abstracts numerous emerging applications of collaborative consumption systems. The agents generate a random…

Computer Science and Game Theory · Computer Science 2017-03-29 Leonidas Georgiadis , George Iosifidis , Leandros Tassiulas

While the benefits of common and public goods are shared, they tend to be scarce when contributions are provided voluntarily. Failure to cooperate in the provision or preservation of these goods is fundamental to sustainability challenges,…

General Economics · Economics 2025-08-05 Vítor V. Vasconcelos , Phillip M. Hannam , Simon A. Levin , Jorge M. Pacheco

Aggregated phenomena in social sciences and economics are highly dependent on the way individuals interact. To help understanding the interplay between socio-economic activities and underlying social networks, this paper studies a…

Adaptation and Self-Organizing Systems · Physics 2007-05-23 David Chavalarias

Collaborative learning techniques have significantly advanced in recent years, enabling private model training across multiple organizations. Despite this opportunity, firms face a dilemma when considering data sharing with competitors --…

Machine Learning · Computer Science 2023-10-31 Nikita Tsoy , Nikola Konstantinov

We study the cooperation problem in the framework of evolutionary game theory using the prisoner's dilemma as metaphor of the problem. Considering the growing process of the system and individuals with imitation capacity, we show conditions…

Computer Science and Game Theory · Computer Science 2015-06-11 Ignacio Gomez Portillo

Despite the dominance of the service sector in the last decades, there is still a need for a strong foundation on service design and innovation. Little attention has paid on service modelling, particularly in the collaboration context.…

Software Engineering · Computer Science 2017-04-13 Thanh Thoa Pham Thi , Thang Le Dinh , Markus Helfert , Michel Leonard

Social, biological and economic networks grow and decline with occasional fragmentation and re-formation, often explained in terms of external perturbations. We show that these phenomena can be a direct consequence of simple imitation and…

Populations and Evolution · Quantitative Biology 2011-09-28 Matteo Cavaliere , Sean Sedwards , Corina E. Tarnita , Martin A. Nowak , Attila Csikász-Nagy

We introduce a simple model for addressing the controversy in the study of financial systems, sometimes taken as brownian-like processes and other as critical systems with fluctuations of arbitrary magnitude. The model considers a…

General Finance · Quantitative Finance 2013-01-01 João P. da Cruz , Pedro G. Lind

Private blockchain is driving the creation of business networks, resulting in the creation of new value or new business models to the enterprises participating in the network. Such business networks form when enterprises come together to…

Computer Science and Game Theory · Computer Science 2020-12-09 Segev Wasserkrug , Eitan Farchi

Strong reciprocity is a fundamental human characteristic associated with our extraordinary sociality and cooperation. Laboratory experiments on social dilemma games and many field studies have quantified well-defined levels of cooperation…

Physics and Society · Physics 2007-11-21 D. Darcet , D. Sornette

Cooperation is fundamental to the evolution of human society. We regularly observe cooperative behaviour in everyday life and in controlled experiments with anonymous people, even though standard economic models predict that they should…

Computer Science and Game Theory · Computer Science 2015-06-19 Valerio Capraro , Conor Smyth , Kalliopi Mylona , Graham A. Niblo

Problem solving (e.g., drug design, traffic engineering, software development) by task forces represents a substantial portion of the economy of developed countries. Here we use an agent-based model of cooperative problem solving systems to…

Multiagent Systems · Computer Science 2016-02-23 José F. Fontanari

A network of agents cooperate on a given area. Time evolution of their power is described within a set of nonlinear equations. The limitation of resources is introduced via the Verhulst term, equivalent to a global coupling. Each agent is…

Condensed Matter · Physics 2007-05-23 K. Malarz , K. Kulakowski

This paper presents an experimentally grounded model on the relevance of partner selection for the emergence of trust and cooperation among individuals. By combining experimental evidence and network simulation, our model investigates the…

Physics and Society · Physics 2010-08-30 Riccardo Boero , Giangiacomo Bravo , Flaminio Squazzoni

A dynamical model is introduced for the formation of a bullish or bearish trends driving an asset price in a given market. Initially, each agent decides to buy or sell according to its personal opinion, which results from the combination of…

Physics and Society · Physics 2011-06-09 Serge Galam

Many biological and social systems show significant levels of collective action. Several cooperation mechanisms have been proposed, yet they have been mostly studied independently. Among these, direct reciprocity supports cooperation on the…

Populations and Evolution · Quantitative Biology 2021-04-15 Luis A. Martinez-Vaquero , Francisco C. Santos , Vito Trianni