scholarly journals Imitation, network size, and efficiency

2020 ◽  
pp. 1-11
Author(s):  
Carlos Alós-Ferrer ◽  
Johannes Buckenmaier ◽  
Federica Farolfi

Abstract A number of theoretical results have provided sufficient conditions for the selection of payoff-efficient equilibria in games played on networks when agents imitate successful neighbors and make occasional mistakes (stochastic stability). However, those results only guarantee full convergence in the long-run, which might be too restrictive in reality. Here, we employ a more gradual approach relying on agent-based simulations avoiding the double limit underlying these analytical results. We focus on the circular-city model, for which a sufficient condition on the population size relative to the neighborhood size was identified by Alós-Ferrer & Weidenholzer [(2006) Economics Letters, 93, 163–168]. Using more than 100,000 agent-based simulations, we find that selection of the efficient equilibrium prevails also for a large set of parameters violating the previously identified condition. Interestingly, the extent to which efficiency obtains decreases gradually as one moves away from the boundary of this condition.

Author(s):  
Kathrin Eismann

AbstractSocial media networks (SMN) such as Facebook and Twitter are infamous for facilitating the spread of potentially false rumors. Although it has been argued that SMN enable their users to identify and challenge false rumors through collective efforts to make sense of unverified information—a process typically referred to as self-correction—evidence suggests that users frequently fail to distinguish among rumors before they have been resolved. How users evaluate the veracity of a rumor can depend on the appraisals of others who participate in a conversation. Affordances such as the searchability of SMN, which enables users to learn about a rumor through dedicated search and query features rather than relying on interactions with their relational connections, might therefore affect the veracity judgments at which they arrive. This paper uses agent-based simulations to illustrate that searchability can hinder actors seeking to evaluate the trustworthiness of a rumor’s source and hence impede self-correction. The findings indicate that exchanges between related users can increase the likelihood that trustworthy agents transmit rumor messages, which can promote the propagation of useful information and corrective posts.


Energies ◽  
2021 ◽  
Vol 14 (2) ◽  
pp. 345
Author(s):  
Janusz Sowinski

Forecasting of daily loads is crucial for the Distribution System Operators (DSO). Contemporary short-term load forecasting models (STLF) are very well recognized and described in numerous articles. One of such models is the Adaptive Neuro-Fuzzy Inference System (ANFIS), which requires a large set of historical data. A well-recognized issue both for the ANFIS and other daily load forecasting models is the selection of exogenous variables. This article attempts to verify the statement that an appropriate selection of exogenous variables of the ANFIS model affects the accuracy of the forecasts obtained ex post. This proposal seems to be a return to the roots of the Polish econometrics school and the use of the Hellwig method to select exogenous variables of the ANFIS model. In this context, it is also worth asking whether the use of the Hellwig method in conjunction with the ANFIS model makes it possible to investigate the significance of weather variables on the profile of the daily load in an energy company. The functioning of the ANFIS model was tested for some consumers exhibiting high load randomness located within the area under supervision of the examined power company. The load curves featuring seasonal variability and weekly similarity are suitable for forecasting with the ANFIS model. The Hellwig method has been used to select exogenous variables in the ANFIS model. The optimal set of variables has been determined on the basis of integral indicators of information capacity H. Including an additional variable, i.e., air temperature, has also been taken into consideration. Some results of ex post daily load forecast are presented.


2016 ◽  
Vol 168 ◽  
pp. 27-35 ◽  
Author(s):  
Hélène Dupont ◽  
Françoise Gourmelon ◽  
Mathias Rouan ◽  
Isabelle Le Viol ◽  
Christian Kerbiriou

2019 ◽  
Vol 31 (2-2019) ◽  
pp. 180-198
Author(s):  
Aïda Solé-Auró ◽  
Clara Cortina

We analyzed the relationship between family ties and the life satisfaction of people between the ages of 50 and 85 years in 13 European countries. We aim at determining the effects of partnership (being currently in a partnership) and parenthood (having remained childless). We use individual-level data from the sixth wave of the Survey of Health, Ageing and Retirement in Europe (SHARE). The analyses are restricted to respondents who are partnered or who have ever been married. We apply a multivariate analysis to examine the association of life satisfaction with family ties for men and for women. We add controls for age groups and education level, and we pay special attention to the role of individuals’ network size. Our findings indicate that in all countries, having no partner has the strongest and most negative association with life satisfaction. However, there was no clear association between not having children and life satisfaction across countries. We also find an important role of some protector variables, such as having a strong network which, in most countries, significantly increase one’s life satisfaction. We find that there is a relationship between individuals’ family situation and life satisfaction, but it is restricted to being in a partnership. The protection factor of having a partner improves one’s life satisfaction at older ages much more than protection by having children. This finding can reduce the concern about the long run implications of increasing childlessness among younger cohorts as it is not necessarily associated to a higher risk of low life satisfaction.


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