175 research outputs found
Economic Integration: Theoretical Assumptions and Consequences of European Integration, by Rolf F. Sannwald, and Jaques Stohler
Economic Integration: Theoretical Assumptions and Consequences of European Integration, by Rolf F. Sannwald, and Jaques Stohler
Coordination of Decisions in a Spatial Agent Model
For a binary choice problem, the spatial coordination of decisions in an
agent community is investigated both analytically and by means of stochastic
computer simulations. The individual decisions are based on different local
information generated by the agents with a finite lifetime and disseminated in
the system with a finite velocity. We derive critical parameters for the
emergence of minorities and majorities of agents making opposite decisions and
investigate their spatial organization. We find that dependent on two essential
parameters describing the local impact and the spatial dissemination of
information, either a definite stable minority/majority relation
(single-attractor regime) or a broad range of possible values (multi-attractor
regime) occurs. In the latter case, the outcome of the decision process becomes
rather diverse and hard to predict, both with respect to the share of the
majority and their spatial distribution. We further investigate how a
dissemination of information on different time scales affects the outcome of
the decision process. We find that a more ``efficient'' information exchange
within a subpopulation provides a suitable way to stabilize their majority
status and to reduce ``diversity'' and uncertainty in the decision process.Comment: submitted for publication in Physica A (31 pages incl. 17 multi-part
figures
The p38 MAPK pathway is essential for skeletogenesis and bone homeostasis in mice
Nearly every extracellular ligand that has been found to play a role in regulating bone biology acts, at least in part, through MAPK pathways. Nevertheless, much remains to be learned about the contribution of MAPKs to osteoblast biology in vivo. Here we report that the p38 MAPK pathway is required for normal skeletogenesis in mice, as mice with deletion of any of the MAPK pathway member–encoding genes MAPK kinase 3 (Mkk3), Mkk6, p38a, or p38b displayed profoundly reduced bone mass secondary to defective osteoblast differentiation. Among the MAPK kinase kinase (MAP3K) family, we identified TGF-β–activated kinase 1 (TAK1; also known as MAP3K7) as the critical activator upstream of p38 in osteoblasts. Osteoblast-specific deletion of Tak1 resulted in clavicular hypoplasia and delayed fontanelle fusion, a phenotype similar to the cleidocranial dysplasia observed in humans haploinsufficient for the transcription factor runt-related transcription factor 2 (Runx2). Mechanistic analysis revealed that the TAK1–MKK3/6–p38 MAPK axis phosphorylated Runx2, promoting its association with the coactivator CREB-binding protein (CBP), which was required to regulate osteoblast genetic programs. These findings reveal an in vivo function for p38β and establish that MAPK signaling is essential for bone formation in vivo. These results also suggest that selective p38β agonists may represent attractive therapeutic agents to prevent bone loss associated with osteoporosis and aging
Crises and collective socio-economic phenomena: simple models and challenges
Financial and economic history is strewn with bubbles and crashes, booms and
busts, crises and upheavals of all sorts. Understanding the origin of these
events is arguably one of the most important problems in economic theory. In
this paper, we review recent efforts to include heterogeneities and
interactions in models of decision. We argue that the Random Field Ising model
(RFIM) indeed provides a unifying framework to account for many collective
socio-economic phenomena that lead to sudden ruptures and crises. We discuss
different models that can capture potentially destabilising self-referential
feedback loops, induced either by herding, i.e. reference to peers, or
trending, i.e. reference to the past, and account for some of the phenomenology
missing in the standard models. We discuss some empirically testable
predictions of these models, for example robust signatures of RFIM-like herding
effects, or the logarithmic decay of spatial correlations of voting patterns.
One of the most striking result, inspired by statistical physics methods, is
that Adam Smith's invisible hand can badly fail at solving simple coordination
problems. We also insist on the issue of time-scales, that can be extremely
long in some cases, and prevent socially optimal equilibria to be reached. As a
theoretical challenge, the study of so-called "detailed-balance" violating
decision rules is needed to decide whether conclusions based on current models
(that all assume detailed-balance) are indeed robust and generic.Comment: Review paper accepted for a special issue of J Stat Phys; several
minor improvements along reviewers' comment
Evolutionary games on graphs
Game theory is one of the key paradigms behind many scientific disciplines
from biology to behavioral sciences to economics. In its evolutionary form and
especially when the interacting agents are linked in a specific social network
the underlying solution concepts and methods are very similar to those applied
in non-equilibrium statistical physics. This review gives a tutorial-type
overview of the field for physicists. The first three sections introduce the
necessary background in classical and evolutionary game theory from the basic
definitions to the most important results. The fourth section surveys the
topological complications implied by non-mean-field-type social network
structures in general. The last three sections discuss in detail the dynamic
behavior of three prominent classes of models: the Prisoner's Dilemma, the
Rock-Scissors-Paper game, and Competing Associations. The major theme of the
review is in what sense and how the graph structure of interactions can modify
and enrich the picture of long term behavioral patterns emerging in
evolutionary games.Comment: Review, final version, 133 pages, 65 figure
The Heckscher-Ohlin Model and the Network Structure of International Trade
This paper estimates for 28 product groups a characteristic parameter that reflects the topological structure of its trading network. Using these estimates, it then
describes how the structure of international trade has evolved during the 1980-2000 period. Thereafter, it demonstrates the importance of networks in international
trade by explicitly accounting for their scaling properties when testing the prediction
of the Heckscher-Ohlin model that factor endowment differentials determine bilateral trade
flows. The results suggest that differences in factor endowments increase
bilateral trade in goods that are traded in "dispersed" networks. For goods that are
traded in "concentrated" networks, factor endowment differentials are less important
Competition and moral behavior: A meta-analysis of forty-five crowd-sourced experimental designs
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