88 citations · 88 across the 2 of their papers we have counts for
2 papers
q-fin.GN2009
A Markovian Model Market - Akerlof's Lemmons and the Asymmetry of Information
Paulo F. C. Tilles, Fernando F. Ferreira, Gerson Francisco +2
In this work we study an economic agent based model under different asymmetric information degrees. This model is quite simple and can be treated analytically since the buyers eval…
physics.soc-ph2008★ 88 cited
An Opinion Dynamics Model for the Diffusion of Innovations
Andre C. R. Martins, Carlos de B. Pereira, Renato Vicente
We study the dynamics of the adoption of new products by agents with continuous opinions and discrete actions (CODA). The model is such that the refusal in adopting a new idea or p…