We introduce a model of prediction markets that uses opinion dynamics as its underlying mechanism for price formation. We base the opinion dynamics on the Deffuant model of bounded rationality. We have used this model to show that price formation in prediction markets can be robustly explained by opinion dynamics, and that the model can also explain phase transitions depending on just two parameters.

The model provides instruments for the simulation of interbank network evolution. There are tools for dynamic network analysis, allowing to evaluate graph topological invariants, thermodynamic network features and combinational node-based features.

This is a computational model to articulate the theory and test some assumption and axioms for the trust model and its relationship to SBH.

Designed to capture the evolutionary forces of global society.

This model simulates the heterogeneity of preferences in a PG game and how the interaction between them affects the dynamics of voluntary contributions. Model is based on the results of a human-based experiment.

The model’s purpose is to provide a potential explanation for the emergence, sustenance and decline of unpopular norms based on pluralistic ignorance on a social network.

We model the epistemic dynamics preceding political uprising. Before deciding whether to start protests, agents need to estimate the amount of discontent with the regime. This model simulates the dynamics of group knowledge about general discontent.

Transhumants move their herds based on strategies simultaneously considering several environmental and socio-economic factors. There is no agreement on the influence of each factor in these strategies. In addition, there is a discussion about the social aspect of transhumance and how to manage pastoral space. In this context, agent-based modeling can analyze herd movements according to the strategy based on factors favored by the transhumant. This article presents a reductionist agent-based model that simulates herd movements based on a single factor. Model simulations based on algorithms to formalize the behavioral dynamics of transhumants through their strategies. The model results establish that vegetation, water outlets and the socio-economic network of transhumants have a significant temporal impact on transhumance. Water outlets and the socio-economic network have a significant spatial impact. The significant impact of the socio-economic factor demonstrates the social dimension of Sahelian transhumance. Veterinarians and markets have an insignificant spatio-temporal impact. To manage pastoral space, water outlets should be at least 15 km
from each other. The construction of veterinary centers, markets and the securitization of transhumance should be carried out close to villages and rangelands.

The wisdom of the crowd refers to the phenomenon in which a group of individuals, each making independent decisions, can collectively arrive at highly accurate solutions—often more accurate than any individual within the group. This principle relies heavily on independence: if individual opinions are unbiased and uncorrelated, their errors tend to cancel out when averaged, reducing overall bias. However, in real-world social networks, individuals are often influenced by their neighbors, introducing correlations between decisions. Such social influence can amplify biases, disrupting the benefits of independent voting. This trade-off between independence and interdependence has striking parallels to ensemble learning methods in machine learning. Bagging (bootstrap aggregating) improves classification performance by combining independently trained weak learners, reducing bias. Boosting, on the other hand, explicitly introduces sequential dependence among learners, where each learner focuses on correcting the errors of its predecessors. This process can reinforce biases present in the data even if it reduces variance. Here, we introduce a new meta-algorithm, casting, which captures this biological and computational trade-off. Casting forms partially connected groups (“castes”) of weak learners that are internally linked through boosting, while the castes themselves remain independent and are aggregated using bagging. This creates a continuum between full independence (i.e., bagging) and full dependence (i.e., boosting). This method allows for the testing of model capabilities across values of the hyperparameter which controls connectedness. We specifically investigate classification tasks, but the method can be used for regression tasks as well. Ultimately, casting can provide insights for how real systems contend with classification problems.

Perpetual Motion Machine - A simple economy that operates at both a biophysical and economic level, and is sustainable. The goal: to determine the necessary and sufficient conditions of sustainability, and the attendant necessary trade-offs.