The impact of financial histories on individuals and societies: A replication of and extension of Berg el al. (1995)

We replicate and extend the social history treatment of the Berg, Dickhaut, and McCabe (1995) investment game, to further document how the reporting of financial history influences how laboratory societies organize themselves over time. We replicate Berg et al. (1995) by conducting a No History and a Financial History session to determine whether a report summarizing the financial transactions of a previous experimental session will significantly reduce entropy in the amounts sent by Investors and returned by Stewards in the investment game, as Berg et al. (1995) found. We extend Berg et al. (1995) in two ways. First, we conduct a total of five sessions (one No History and four Financial History sessions). Second, we introduce Shannon's (1948) measure of entropy from information theory to assess whether the introduction of financial transaction history reduces the amount of dispersion in the amounts invested and returned across generations of players. Results across sessions indicate that entropy declined in both the amounts sent by Investors and the percentage returned by Stewards, but these patterns are weaker and mixed compared to those in the Berg et al. (1995) study. Additional research is needed to test how initial conditions, path dependencies, actors' strategic reasoning about others' behavior, multiple sessions, and communication may mediate the impact of financial history. The study's multiple successive Financial History sessions and entropy measure are new to the investment game literature

A q-Analog of Dual Sequences with Applications

In the present paper combinatorial identities involving q-dual sequences or polynomials with coefficients q-dual sequences are derived. Further, combinatorial identities for q-binomial coefficients(Gaussian coefficients), q-Stirling numbers and q-Bernoulli numbers and polynomials are deduced.Comment: 14 page

Hybrid Iterative Multiuser Detection for Channel Coded Space Division Multiple Access OFDM Systems

Space division multiple access (SDMA) aided orthogonal frequency division multiplexing (OFDM) systems assisted by efficient multiuser detection (MUD) techniques have recently attracted intensive research interests. The maximum likelihood detection (MLD) arrangement was found to attain the best performance, although this was achieved at the cost of a computational complexity, which increases exponentially both with the number of users and with the number of bits per symbol transmitted by higher order modulation schemes. By contrast, the minimum mean-square error (MMSE) SDMA-MUD exhibits a lower complexity at the cost of a performance loss. Forward error correction (FEC) schemes such as, for example, turbo trellis coded modulation (TTCM), may be efficiently combined with SDMA-OFDM systems for the sake of improving the achievable performance. Genetic algorithm (GA) based multiuser detection techniques have been shown to provide a good performance in MUD-aided code division multiple access (CDMA) systems. In this contribution, a GA-aided MMSE MUD is proposed for employment in a TTCM assisted SDMA-OFDM system, which is capable of achieving a similar performance to that attained by its optimum MLD-aided counterpart at a significantly lower complexity, especially at high user loads. Moreover, when the proposed biased Q-function based mutation (BQM) assisted iterative GA (IGA) MUD is employed, the GA-aided system’s performance can be further improved, for example, by reducing the bit error ratio (BER) measured at 3 dB by about five orders of magnitude in comparison to the TTCM assisted MMSE-SDMA-OFDM benchmarker system, while still maintaining modest complexity

TCM, TTCM, BICM and BICM-ID Assisted MMSE Multi-User Detected SDMA-OFDM Using Walsh-Hadamard Spreading

Space Division Multiple Access (SDMA) aided Orthogonal Frequency Division Multiplexing (OFDM) systems assisted by efficient Multi-User Detection (MUD) techniques have recently attracted intensive research interests. Forward Error Correction (FEC) schemes and frequency-domain spreading techniques can be efficiently amalgamated with SDMA-OFDM systems for the sake of improving the achievable performance. In this contribution a Coded Modulation (CM) assisted and Minimum Mean-Square Error (MMSE) multi-user detected SDMA-OFDM system combined with Walsh-Hadamard-Transform-Spreading (WHTS) across a number of subcarriers is proposed. The various CM schemes used are Trellis Coded Modulation (TCM), Turbo TCM (TTCM), Bit-Interleaved Coded Modulation (BICM) and Iteratively Decoded BICM (BICM-ID), which constitute bandwidth efficient schemes that combine the functions of coding and modulation. Invoking the WHTS technique is capable of further improving the average Bit Error Rate (BER) performance of the CM-SDMA-OFDM system, since the bursty error effects imposed by the frequency-domain fading encountered are spread over the entire WHT block length, therefore increasing the chances of correcting the transmission errors by the CM decoders