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Agent Based Modeling of Electronic Markets To Analyze the Sustainability of Mutual Cooperation
Agent Based Modeling Electronic Markets Analyze the Sustainability
2014/10/22
According to game theory, a dominant strategy of Prisoner’s Dilemma game is defecting (Epstein, 1997). Online trading between two strangers falls in the realm of a Prisoner’s Dilemma (Yamamoto et al, ...
Agent-based Modeling of Land Rental Market: Comparison between Simulated and Observed Prices in The Argentine Pampas
Agricultural land markets Agricultural production Land tenure Argentina
2014/8/8
More than half of land in the Argentine Pampas is cropped by tenants. The importance of production on rented land motivated development of a LAnd Rental MArket (LARMA) model with endogenous formation ...