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cond-mat.stat-mech2004
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…
cond-mat.stat-mech2003
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…