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Multinational companies perform majority of U.S. business R&D
Multinational companies U.S. business R&D
2016/2/23
Multinational companies perform the majority of all research and development (R&D) done by companies located in the United States, according to a newreport from the National Center for Science an...
MONETARY POLICY BY COMMITTEE: CONSENSUS, CHAIRMAN DOMINANCE, OR SIMPLE MAJORITY?
theoretical and empirical implications monetary policy four different voting protocols equivalent policy decisions
2011/8/21
This paper studies the theoretical and empirical implications of monetary policy making by committee under four different voting protocols. The protocols are a consensus model, where a supermajority i...
Reverse Engineering Financial Markets with Majority and Minority Games using Genetic Algorithms
Financial Markets Majority Minority Games Genetic Algorithms
2010/10/18
Using virtual stock markets with artificial interacting software investors, aka agent-based models (ABMs), we present a method to reverse engineer real-world financial time series. We model financial...
Transactions Costs and Coalition Stability under Majority Rule
Transactions Costs Coalition Stability Majority Rule
2014/6/25
In this paper we examine the discrepancy between theoretical predictions of unstable majorities and observed stability. Minimum winning coalitions divide program benefits among their members, creating...