Noise reduction in coarse bifurcation analysis of stochastic agent-based models: an example of consumer lock-in

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Noise reduction in coarse bifurcation analysis of stochastic agent-based models: an example of consumer lock-in

We investigate coarse equilibrium states of a fine-scale, stochastic agent-based model of consumer lock-in in a duopolistic market. In the model, agents decide on their next purchase based on a combination of their personal preference and their neighbours' opinions. For agents with independent...

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Bibliographic Details
Main Authors:	Avitabile, Daniele, Hoyle, Rebecca, Samaey, Giovanni
Format:	Article
Published:	Society for Industrial and Applied Mathematics 2014
Online Access:	https://eprints.nottingham.ac.uk/3330/

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