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We revisit a recently introduced agent model[ACS {\bf 11}, 99 (2008)], where economic growth is a consequence of education (human capital formation) and innovation, and investigate the influence of the agents' social network, both on an…

General Finance · Quantitative Finance 2009-11-13 Teresa Vaz Martins , Tanya Araujo , Maria Augusta Santos , Miguel St Aubyn

Decisions to pursue higher education are not fully explained by economic incentives, with social influence and peer effects playing a crucial, yet dynamically understudied, role. This paper develops a theoretical non-linear dynamics model…

General Economics · Economics 2026-04-06 Andrea Caravaggio , Marco Catola , Silvia Leoni

Urban displacement - when a household is forced to relocate due to conditions affecting its home or surroundings - often results from rising housing costs, particularly in wealthy, prosperous cities. However, its dynamics are complex and…

Physics and Society · Physics 2018-08-29 Geoff Boeing

The complex interplay between human societies and their environments has long been a subject of fascination for social scientists. Utilizing agent-based modeling, this study delves into the profound implications of seemingly inconsequential…

Physics and Society · Physics 2023-12-14 Hossein Sabzian , Nima Shahriari , Mohammad G. Nejad

The real world is awash with multi-agent problems that require collective action by self-interested agents, from the routing of packets across a computer network to the management of irrigation systems. Such systems have local incentives…

Multiagent Systems · Computer Science 2021-02-16 Michiel A. Bakker , Richard Everett , Laura Weidinger , Iason Gabriel , William S. Isaac , Joel Z. Leibo , Edward Hughes

Previous research on organizations often focuses on either the individual, team, or organizational level. There is a lack of multidimensional research on emergent phenomena and interactions between the mechanisms at different levels. This…

General Economics · Economics 2022-03-18 Dario Blanco-Fernandez , Stephan Leitner , Alexandra Rausch

Empirical distributions of wealth and income can be reproduced using simplified agent-based models of economic interactions, analogous to microscopic collisions of gas particles. Building upon these models of freely interacting agents, we…

Physics and Society · Physics 2020-03-10 Lennart Fernandes , Jacques Tempere

Introducing environmental feedback into evolutionary game theory has led to the development of eco-evolutionary games, which have gained popularity due to their ability to capture the intricate interplay between the environment and…

Biological Physics · Physics 2023-08-08 Changyan Di , Qingguo Zhou , Jun Shen , Jinqiang Wang , Rui Zhou , Tianyi Wang

Some agent-based models for growth and allocation of resources are described. The first class considered consists of conservative models, where the number of agents and the size of resources are constant during time evolution. The second…

Physics and Society · Physics 2009-11-13 Enrico Scalas , Mauro Gallegati , Eric Guerci , David Mas , Alessandra Tedeschi

We introduce and discuss a system of one-dimensional kinetic equations describing the influence of higher education in the social stratification of a multi-agent society. The system is obtained by coupling a model for knowledge formation…

Physics and Society · Physics 2021-10-18 Giacomo Dimarco , Giuseppe Toscani , Mattia Zanella

While the use of spatial agent-based and individual-based models has flourished across many scientific disciplines, the complexities these models generate are often difficult to manage and quantify. This research reduces population-driven,…

Physics and Society · Physics 2021-08-24 John C. Stevenson

Successfully integrating newcomers into native communities has become a key issue for policy makers, as the growing number of migrants has brought cultural diversity, new skills, and at times, societal tensions to receiving countries. We…

Physics and Society · Physics 2019-01-29 Yao-Li Chuang , Tom Chou , Maria R. D'Orsogna

Modern socio-economic systems are undergoing deep integration with artificial intelligence technologies. This paper constructs a heterogeneous agent-based modeling framework that incorporates both human workers and autonomous AI agents, to…

Artificial Intelligence · Computer Science 2025-09-30 Yuxinyue Qian , Jun Liu

This paper presents the results of computational experiments on the effects of social influence on individual and systemic behavior of situated cognitive agents in a product-consumer environment. Paired experiments were performed with…

Social and Information Networks · Computer Science 2012-04-17 Russell C. Thomas , John S. Gero

There are several theories in economics regarding the roots or causes of prosperity in a society. One of these theories or hypotheses -- named geography hypothesis -- mentions that the reason why some countries are prosperous and some…

Multiagent Systems · Computer Science 2023-11-01 Aslan S. Dizaji

The significance of network structures in promoting group cooperation within social dilemmas has been widely recognized. Prior studies attribute this facilitation to the assortment of strategies driven by spatial interactions. Although…

Multiagent Systems · Computer Science 2024-08-20 Tianyu Ren , Xiao-Jun Zeng

This paper investigates the impact of link formation between a pair of agents on the resource availability of other agents (that is, externalities) in a social cloud network, a special case of endogenous sharing economy networks.…

Computer Science and Game Theory · Computer Science 2019-10-21 Pramod C. Mane , Kapil Ahuja , Nagarajan Krishnamurthy

In a co-evolutionary context, the survive probability of individual elements of a system depends on their relation with their neighbors. The natural selection process depends on the whole population, which is determined by local events…

Biological Physics · Physics 2009-11-13 Juan G. Diaz Ochoa

Bias exists in how we pick leaders, who we perceive as being influential, and who we interact with, not only in society, but in organizational contexts. Drawing from leadership emergence and social influence theories, we investigate…

Multiagent Systems · Computer Science 2023-04-06 Andria L. Smith , Simon Heuschkel , Ksenia Keplinger , Charley M. Wu

A broad set of empirical phenomenon in the study of social, economic and machine behaviour can be modelled as complex systems with averaging dynamics. However many of these models naturally result in consensus or consensus-like outcomes. In…

Multiagent Systems · Computer Science 2020-07-03 Orowa Sikder
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