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This paper presents an extension to the Combinatorial Equilibrium Modelling (CEM) design framework. So far, CEM gives the possibility to generate and explore multiple spatial equilibrium solutions in the early conceptual design phase. In addition to the fo ...
Newcomb's problem is viewed as a dynamic game with an agent and a superior being as players. Depending on whether or not a risk-neutral agent's confidence in the superior being, as measured by a subjective probability assigned to the move order, exceeds a ...
The properties of the interface between solid and melt are key to solidification and melting, as the interfacial free energy introduces a kinetic barrier to phase transitions. This makes solidification happen below the melting temperature, in out-of-equili ...
We extend Kyle's (1985) model of insider trading to the case where liquidity provided by noise traders follows a general stochastic process. Even though the level of noise trading volatility is observable, in equilibrium, measured price impact is stochasti ...
The success of nanoparticle-based devices will need reliable fabrication methods for well-defined, defect-free self-assembled structures of nanoparticles (NPs). NP self-assembly is a process governed by an interplay between many inter-particle interactions ...
We extend Kyle's (1985) model of insider trading to the case where noise trading volatility follows a general stochastic process. We determine conditions under which, in equilibrium, price impact and price volatility are both stochastic, driven by shocks t ...
This paper presents a game-theoretic model for the international negotiations that should take place to renew or extend the Kyoto protocol beyond 2012. These negotiations should lead to a self-enforcing agreement on a burden sharing scheme to realize the n ...
An epidemic that spreads in a network calls for a decision on the part of the network users. They have to decide whether to protect themselves or not. Their decision depends on the trade-off between their perceived infection and the protection cost. Aiming ...
This paper presents a game-theoretic model for the international negotiations that should take place to renew or extend the Kyoto protocol beyond 2012. These negotiations should lead to a self-enforcing agreement on a burden sharing scheme to realize the n ...
A climate treaty like the one which should replace the Kyoto Protocol after 2012, may have important impacts on the oil, gas and coal markets. The full impact of such a treaty will not be felt before 2030. In this paper one uses a computable general equili ...