10 papers
Traders imprint themselves by adaptively updating their own avatar
Gilles Daniel, Lev Muchnik, Sorin Solomon
Simulations of artificial stock markets were considered as early as 1964 and multi-agent ones were introduced as early as 1989. Starting the early 90's, collaborations of economist…
Social Anti-Percolation and Negative Word of Mouth
Tom Erez, Sarit Moldovan, Sorin Solomon
Many new products fail, despite preliminary market surveys having determined considerable potential market share. This effect is too systematic to be attributed to bad luck. We sug…
Statistical Economics on Multi-Variable Layered Networks
Tom Erez, Martin Hohnisch, Sorin Solomon
We propose a Statistical-Mechanics inspired framework for modeling economic systems. Each agent composing the economic system is characterized by a few variables of distinct nature…
Socioeconomic Interaction and Swings in Business Confidence Indicators
Martin Hohnisch, Sabine Pittnauer, Sorin Solomon +1
We propose a stochastic model of interactive formation of individual expectations regarding the business climate in an industry. Our model is motivated by a business climate survey…
Volatility driven market in a generalised Lotka Voltera formalism
Yoram Louzoun, Sorin Solomon
The Generalized Lotka Voltera (GLV) formalism has been introduced in order to explain the power law distributions in the individual wealth (w_i (t)) (Pareto law) and financial mark…
The Emergence of Spatial Complexity in the immune System
Yoram Louzoun, Sorin Solomon, Henri Atlan +1
Biological systems, unlike physical or chemical systems, are characterized by the very inhomogeneous distribution of their components. The immune system, in particular, is notable…