Concept

Agent (economics)

Related publications (53)

Stochastic pairwise preference convergence in Bayesian agents

Beliefs inform the behaviour of forward-thinking agents in complex environments. Recently, sequential Bayesian inference has emerged as a mechanism to study belief formation among agents adapting to dynamical conditions. However, we lack critical theory to ...

2024

Asset purchases, limited asset markets participation and inequality

Stylianos Tsiaras

This paper analyses the effects of quantitative easing (QE) on households' income and consumption inequality in the Euro Area. Using a SVAR with high frequency identification, I show that an identified QE shock is redistributive and expansionary. To ration ...

ELSEVIER2023

A subcellular biochemical model for T6SS dynamics reveals winning competitive strategies

Yuexia Luna Lin

The type VI secretion system (T6SS) is a broadly distributed interbacterial weapon that can be used to eliminate competing bacterial populations. Although unarmed target populations are typically used to study T6SS function in vitro, bacteria most likely e ...

OXFORD UNIV PRESS2023

Optimal containment control for a class of heterogeneous multi-agent systems with actuator faults

Ju Wu, Tong Wang

This article investigates the optimal containment control problem for a class of heterogeneous multi-agent systems with time-varying actuator faults and unmatched disturbances based on adaptive dynamic programming. Since there exist unknown input signals i ...

WILEY2023

No-regret learning in games with noisy feedback: Faster rates and adaptivity via learning rate separation

Volkan Cevher, Kimon Antonakopoulos, Ya-Ping Hsieh

We examine the problem of regret minimization when the learner is involved in a continuous game with other optimizing agents: in this case, if all players follow a no-regret algorithm, it is possible to achieve significantly lower regret relative to fully ...

2022

ReMoTe-S. Residential Mobility of Tenants in Switzerland: an agent-based model

Claudia Rebeca Binder Signer, Anna Pagani, Emanuele Massaro, Francesco Ballestrazzi

Accounting for a fourth of the CO2 emissions and total energy consumption in Switzerland (IEA, 2018), housing plays a crucial role in the transition towards the sustainability of urban systems. Although new technologies have been developed to tackle the en ...

2021

Orthos: A Trustworthy AI Framework for Data Acquisition

Boi Faltings, Sujit Prakash Gujar, Dimitrios Chatzopoulos

Information acquisition through crowdsensing with mobile agents is a popular way to collect data, especially in the context of smart cities where the deployment of dedicated data collectors is expensive and ineffective. It requires efficient information el ...

Springer2021

Environmental care and morality: An economic model with heterogeneous agents

Boris Thurm, Charles Chadi Ayoubi

Some individuals voluntarily engage in costly pro-environmental actions although their efforts have limited direct benefits. This paper proposes a novel economic model with heterogeneous agents explaining why. Each agent has a homo moralis type of preferen ...

2020

Cellular memory enhances bacterial chemotactic navigation in rugged environments

Adám Gosztolai

The response of microbes to external signals is mediated by biochemical networks with intrinsic time scales. These time scales give rise to a memory that impacts cellular behaviour. Here we study theoretically the role of cellular memory in Escherichia col ...

NATURE PUBLISHING GROUP2020

Essays on adaptation to rare disasters

Takafumi Usui

This thesis aims to further investigate rare natural disasters and studies adaptation decisions under uncertainty by solving several computational economic models. The modeling of rare natural disasters depends on the treatment of catastrophic outcomes wit ...

EPFL2019

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