2,097 research outputs found
Generalized Opinion Dynamics from Local Optimization Rules
We study generalizations of the Hegselmann-Krause (HK) model for opinion
dynamics, incorporating features and parameters that are natural components of
observed social systems. The first generalization is one where the strength of
influence depends on the distance of the agents' opinions. Under this setup, we
identify conditions under which the opinions converge in finite time, and
provide a qualitative characterization of the equilibrium. We interpret the HK
model opinion update rule as a quadratic cost-minimization rule. This enables a
second generalization: a family of update rules which possess different
equilibrium properties. Subsequently, we investigate models in which a external
force can behave strategically to modulate/influence user updates. We consider
cases where this external force can introduce additional agents and cases where
they can modify the cost structures for other agents. We describe and analyze
some strategies through which such modulation may be possible in an
order-optimal manner. Our simulations demonstrate that generalized dynamics
differ qualitatively and quantitatively from traditional HK dynamics.Comment: 20 pages, under revie
An Opportunistic-Non Orthogonal Multiple Access based Cooperative Relaying system over Rician Fading Channels
Non-orthogonal Multiple Access (NOMA) has become a salient technology for
improving the spectral efficiency of the next generation 5G wireless
communication networks. In this paper, the achievable average rate of an
Opportunistic Non-Orthogonal Multiple Access (O-NOMA) based Cooperative
Relaying System (CRS) is studied under Rician fading channels with Channel
State Information (CSI) available at the source terminal. Based on CSI, for
opportunistic transmission, the source immediately chooses either the direct
transmission or the cooperative NOMA transmission using the relay, which can
provide better achievable average rate performance than the existing
Conventional-NOMA (C-NOMA) based CRS with no CSI at the source node.
Furthermore, a mathematical expression is also derived for the achievable
average rate and the results are compared with C-NOMA based CRS with no CSI at
the transmitter end, over a range of increasing power allocation coefficients,
transmit Signal-to-Noise Ratios (SNRs) and average channel powers. Numerical
results show that the CRS using O-NOMA with CSI achieves better spectral
efficiency in terms of the achievable average rate than the Conventional-NOMA
based CRS without CSI. To check the consistency of the derived analytical
results, Monte Carlo simulations are performed which verify that the results
are consistent and matched well with the simulation results.Comment: arXiv admin note: substantial text overlap with arXiv:1709.0822
Performance analysis of FSO using relays and spatial diversity under log-normal fading channel
The performance analysis of free space optical communication (FSO) system
using relays and spatial diversity at the source is studied in this paper. The
effect of atmospheric turbulence and attenuation, caused by different weather
conditions and geometric losses, has also been considered for analysis. The
exact closed-form expressions are presented for bit error rate (BER) of M-ary
quadrature amplitude modulation (M-QAM) technique for multi-hop multiple-input
single-output (MISO) FSO system under log-normal fading channel. Furthermore,
the link performance of multi-hop MISO and multi-hop single-input and
single-output (SISO) FSO systems are compared to the different systems using
on-off keying (OOK), repetition codes (RCs) and M-ary pulse amplitude
modulation (M-PAM) techniques. A significant performance enhancement in terms
of BER analysis and SNR gains is shown for multi-hop MISO and multi-hop SISO
FSO systems with M-QAM over other existing systems with different modulation
schemes. Moreover, Monte-Carlo simulations are used to validate the accuracy
and consistency of the derived analytical results. Numerical results show that
M-QAM modulated multi-hop MISO and multi-hop SISO FSO system with relays and
spatial diversity outperforms other systems while having the same spectral
efficiency of each system.Comment: 4 pages, 4 figures, 4th International Conference on Electrical Energy
Systems (ICEES), Feb. 7-9, 2018, SSNCE, Chennai, TN, INDI
Investor Behavior in the Mutual Fund Industry: Evidence from Gross Flows
Using a large sample of monthly gross flows from 1997 to 2003, we uncover several previously undocumented regularities in investor behavior. First, investor purchases and sales produce fund-level gross flows that are highly persistent. Persistence in fund flows dominates performance as a predictor of future fund flows. More importantly, failing to account for flow persistence leads to incorrect inferences with respect to the relation between performance and flows. Second, we document that investors react differently to performance depending on the type of fund, and that investor trading activity produces meaningful differences in the persistence of fund flows across mutual fund types. Third, at least some investors appear to evaluate and respond to mutual fund performance over much shorter time spans than previously assessed. Additionally, we document differences in the speed and magnitude of investors’ purchase and sales responses to performance
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