Directory UMM :Data Elmu:jurnal:J-a:Journal Of Economic Dynamics And Control:Vol25.Issue3-4.March2001:
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Looking at the genetic or game theoretic population, it is mutation, or learning by experiment, which causes the most abrupt changes. Whereas the strategy of a single economic
Number of animals that can be accepted on the land (availability) and number of animals that survive globally when the herdsmen choose with & cost priority '.. f the second is
Bidding is allowed in one of two ways, either a single price for each plant for a whole day (daily bids) as in the current Pool ' s day-ahead market, or 24 separate hourly prices
Our results suggest that the pessimistic conclusions of models of information cascades may come from the restrictions they impose on the number of choices available and on the
erent mechanisms of deciding the decommitment penalties are studied: x xed; percentage of contract price; increasing and decided at the time of contracting; and increasing and
20 Because the purpose of the VAR is to generate agent expectations that approximate information available to markets when the historical data are recorded, the assumption of
For example, it is trivial to extend the information set so that rules can condition on variables other than past prices (indicating that the Arti " cial Technical Analyst