Finite Memory Distributed Systems (2006)
Dorofeenko, Victor, Shorish, Jamsheed
A distributed system model is studied, where individual agents play repeatedly against each other and change their strategies based upon previous play. It is shown how to model this environment in...
Finite Memory Distributed Systems (2006)
Dorofeenko, Victor, Shorish, Jamsheed
A distributed system model is studied, where individual agents play repeatedly against each other and change their strategies based upon previous play. It is shown how to model this environment in...
Finite Memory Distributed Systems (2006)
Dorofeenko, Victor, Shorish, Jamsheed
A distributed system model is studied, where individual agents play repeatedly against each other and change their strategies based upon previous play. It is shown how to model this environment in...
Finite Memory Distributed Systems (2006)
Dorofeenko, Victor, Shorish, Jamsheed
A distributed system model is studied, where individual agents play repeatedly against each other and change their strategies based upon previous play. It is shown how to model this environment in...
Finite Memory Distributed Systems (2006)
Dorofeenko, Victor, Shorish, Jamsheed
A distributed system model is studied, where individual agents play repeatedly against each other and change their strategies based upon previous play. It is shown how to model this environment in...
Shaking the Tree: An Agency-Theoretic Model of Asset Pricing (1996)
Jamsheed Shorish, Stephen E. Spear
In this paper, we develop an agency-theoretic extension of the Lucas asset pricing model and examine the resulting asset price dynamics. In the model, an agent of the firm can expand or contract the...
Quasi-Static Macroeconomic Systems
This paper applies quasi-static analysis to a simple closed macroeconomy. It is shown that if the economy satisfies a conservation of income requirement, and the requirement that all equivalent...
Shaking the tree: an agency-theoretic model of asset pricing
Jamsheed Shorish, Stephen E. Spear
In this paper, we develop an agency-theoretic extension of the Lucas asset pricing model and examine the resulting asset price dynamics. In the model, an agent of the firm can expand or contract the...
Functional Rational Expectations Equilibria in Market Games
The rational expectations equilibrium has been criticized as an equilibrium concept in market game environments. Such an equilibrium may not exist generically, or it may introduce unrealistic...
Finite Memory Distributed Systems
Dorofeenko, Victor, Shorish, Jamsheed
A distributed system model is studied, where individual agents play repeatedly against each other and change their strategies based upon previous play. It is shown how to model this environment in...
Finite Memory Distributed Systems
Victor Dorofeenko, Jamsheed Shorish
A distributed system model is studied, where individual agents engage in repeated play against each other and can change their strategies based upon previous play. Similar to Dorofeenko and Shorish...
Dynamic Contracting for Development Aid Projects. Mechanism Design and High Performance Computation
Rashid, Salim, Shorish, Jamsheed, Sobh, Nahil
Developing economies share both microeconomic and macroeconomic characteristics which are often unique relative to their more developed counterparts. Indeed, many authors (e.g. Parente and Prescott...
Victor Dorofeenko, Larry Lang, Klaus Ritzberger, Jamsheed Shorish
Cross ownership, Control rights, Corporate governance, Voting, Allianz,
On the Dynamics of Finite Memory Distributed Systems
Jamsheed Shorish, Victor Dorofeenko
We consider a kinetic equation approach to dynamical systems with finite memory, based upon a probabilistic approach given in Dorofeenko and Shorish (2004). This approach uses a master equation...
Dynamical Modeling of the Demographic Prisoner’s Dilemma
Victor Dorofeenko, Jamsheed SHORISH
prisoner's dilemma;active media;reaction-diffusion;overlapping-generations
Shaking the Tree: An Agency Theoretic Model of Asset Pricing
Jamsheed Shorish, Stephen Spear
In this paper, we develop an agency-theoretic extension of the Lucas asset pricing model and examine the resulting asset price dynamics. In the model, an agent of the firm can expand or contract the...
Ackland, Robert, Shorish, Jamsheed
The political blogosphere has recently been the focus of attention for social network analysis and applications of network and graph theory. In a recent paper, Adamic and Glance (2005) report...
We introduce a continuous time overlapping generations demographic model, in which a social planner seeks to generate an optimal policy for influencing the demographic change of the underlying...
Stability of Functional Rational Expectations Equilibria
David L. Kelly, Jamsheed Shorish
In this paper we examine a representative agent forecasting prices in a first-order self-referential overlapping generations model. We first consider intermediate stage learning, where agents update...
Cross-Ownership Among Firms: Some Determinants of the Separation of Ownership from Control
Ritzberger, Klaus, Shorish, Jamsheed
This paper demonstrates that the current literature on cross-ownership among firms underestimates the true degree of separation between cash flow rights and voting rights. We use accounting...
Dynamical Modeling of the Demographic Prisoner's Dilemma
Dorofeenko, Victor, Shorish, Jamsheed
Epstein (1998) demonstrates that in the demographic Prisoner's Dilemma game it is possible to sustain cooperation in a repeated game played on a finite grid, where agents are spatially distributed...
Market Forces and Dynamic Asset Pricing
Goran Peskir, Jamsheed Shorish
We study a dynamic model of asset pricing which is driven by two characteristic market features: the law of investor demand (e.g. 'buy low, sell high') and the law of the market institution (which...
Finite Memory Distributed Systems
Victor Dorofeenko, Jamsheed Shorish
A distributed system model is studied, where individual agents play repeatedly against each other and change their strategies based upon previous play. It is shown how to model this environment in...
Robert Ackland, Jamsheed Shorish
Network formation, Social networks, Blogosphere, e-Research, Agent-based simulation, D85, C63, L86,
Finite Memory Distributed Systems
Victor Dorofeenko, Jamsheed Shorish
A distributed system model is studied, where individual agents play repeatedly against each other and change their strategies based upon previous play. It is shown how to model this environment in...