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Perspectives on the Information-Based Economy
Vladimir Gazda Jana Zausinova Marcel Volosin | Published Monday, October 24, 2022This is the agent-based model of information market evolution. It simulates the influences of the transition from material to electronic carriers of information, which is modelled by the falling price of variable production factor. It demonstrates that due to zero marginal production costs, the competition increases, the market becomes unstable, and experience various phases of evolution leading to market monopolization.
Agent-based Model of Industrial Evolution
Martin Zoričak Denis Horvath Vladimir Gazda Oto Hudec | Published Wednesday, July 10, 2019This is a conceptual model of underlying forces creating industrial clusters. There are two contradictory forces - attraction and repulsion. Firms within the same Industry are attracted to each other and on the other hand, firms with the same Activity are repulsed from each other. In each round firm with the lowest fitness is selected to change its profile of Industries and Activities. Based on these simple rules interesting patterns emerge.
Threshold Public Goods Game Models with Punishment
Martin Zoričak Vladimir Gazda Gabriela Koľveková Manuela Raisová | Published Saturday, June 06, 2020This is a set of threshold public goods games models. Set consists of baseline model, endogenous shared punishment model, endogenous shared punishment model with activists and cooperation model. In each round, all agents are granted a budget of size set in GUI. Then they decide on how much they contribute to public goods and how much they keep. Public goods are provided only if the sum of contributions meets or exceeds the threshold defined in the GUI. After each round agents evaluate their strategy and payoff from this strategy.