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The authors ran a game-based simulation of an electricity market with both an RPS and a cap-and-trade market for greenhouse gas emissions allowances. High renewable energy shares reduced and shifte...
The authors ran a game-based simulation of an electricity market with both an RPS and a cap-and-trade market for greenhouse gas emissions allowances. High renewable energy shares reduced and shifte...
This paper presents procedures for estimating the parameters of a regulated firm's production function which explicitly model the impact of the private information possessed by utility in the regu...
Financial markets are a classical example of complex systems as they are compound by many interacting stocks. As such, we can obtain a surprisingly good description of their structure by making the ro...
Research of degradation medium occurring in agrocomplex at the current interaction with bonded joints strength and lifetime is desired owing to the possibilities of bonding applications in this dynami...
This paper explores the interaction between the federal Earned Income Tax Credit (EITC) and the cost-of-living faced by single mothers. After the 1993 EITC expansion, we identify up to an 8 percentage...
In the last few years papers have begun to analyse optimal monetary and fiscal policy in models incorporating nominal rigidities where social welfare is derived from the utility of agents. This articl...
Traditionally many studies of knowledge in economics have focused on localized networks and intra- regional collaborations.However, t he rising frequency by which firms collaborate within the context...
I built an agent-based model that simulates economic interaction in a social network. In the model, agents dynamically break and create network links based on whether their neighbors cooperate in ...
A dynamic herding model with interactions of trading volumes is introduced. At time $t$, an agent trades with a probability, which depends on the ratio of the total trading volume at time $t-1$ to its...
By focusing on the economics of productive and unproductive entrepreneurship this paper explains venture capitalism in different institutional contexts, defined in terms of property rights and regul...
Agriculture is heavily subsidized in most of the OECD countries. On the other hand, environmental externalities occur because of protection related pollution. In this study the structure of agricultur...
Social Interaction and Stock Market Participation

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