ﻻ يوجد ملخص باللغة العربية
The behavior of complex systems is one of the most intriguing phenomena investigated by recent science; natural and artificial systems offer a wide opportunity for this kind of analysis. The energy conversion is both a process based on important physical laws and one of the most important economic sectors; the interaction between these two aspects of energy production suggests the possibility to apply some of the approaches of the dynamic systems analysis. In particular, a phase plot, which is one of the methods to detect a correlation between quantities in a complex system, provides a good way to establish qualitative analogies between the ecological systems and the economic ones and may shed light on the processes governing the evolution of the system. The aim of this paper is to highlight the analogies between some peculiar characteristics of the oil production vs. price and show in which way such characteristics are similar to some behavioral mechanisms found in Nature.
Coronavirus (COVID-19) creates fear and uncertainty, hitting the global economy and amplifying the financial markets volatility. The oil price reaction to COVID-19 was gradually accommodated until March 09, 2020, when, 49 days after the release of th
Product cost heterogeneity across firms and loyalty models of customers are two topics that have garnered limited attention in prior studies on competitive price discrimination. Costs are generally assumed negligible or equal for all firms, and loyal
Online platforms collect rich information about participants and then share some of this information back with them to improve market outcomes. In this paper we study the following information disclosure problem in two-sided markets: If a platform wa
We analyze stop and go containment policies which produces infection cycles as periods of tight lock-downs are followed by periods of falling infection rates, which then lead to a relaxation of containment measures, allowing cases to increase again u
We examine how the randomness of behavior and the flow of information between agents affect the formation of opinions. Our main research involves the process of opinion evolution, opinion clusters formation and studying the probability of sustaining