Equilibria, information and frustration in heterogeneous network games with conflicting preferences

Interactions between people are the basis on which the structure of our society arises as a complex system and, at the same time, are the starting point of any physical description of it. In the last few years, much theoretical research has addressed this issue by combining the physics of complex networks with a description of interactions in terms of evolutionary game theory. We here take this research a step further by introducing a most salient societal factor such as the individuals' preferences, a characteristic that is key to understanding much of the social phenomenology these days. We consider a heterogeneous, agent-based model in which agents interact strategically with their neighbors, but their preferences and payoffs for the possible actions differ. We study how such a heterogeneous network behaves under evolutionary dynamics and different strategic interactions, namely coordination games and best shot games. With this model we study the emergence of the equilibria predicted analytically in random graphs under best response dynamics, and we extend this test to unexplored contexts like proportional imitation and scale free networks. We show that some theoretically predicted equilibria do not arise in simulations with incomplete information, and we demonstrate the importance of the graph topology and the payoff function parameters for some games. Finally, we discuss our results with the available experimental evidence on coordination games, showing that our model agrees better with the experiment than standard economic theories, and draw hints as to how to maximize social efficiency in situations of conflicting preferences.This work was partially supported by the EU through FET-Proactive Project DOLFINS (contract no. 640772) and FET-Open Project IBSEN (contract no. 662725), and by grant FIS2015-64349-P (MINECO, Spain / FEDER, UE)

An Empirical Investigation on the European Housing Market Prices

Although the housing market prices and trends have been the object of a great deal of studies in the last decade, since the 2007-2008 financial crisis, a unifying and commonly accepted interpretation for them is still missing. In this paper we introduce an empirical and heuristic approach to analyze the price of the European housing market relative to the stock market, consistent with a general equilibrium approach, on the basis of a set of theoretically relevant variables. We perform panel data estimates (with GMM-DIF) of the relative price of the real estates for the 15 countries that were members of the EU on the 1st of January 1995, using annual data from 1993 to 2015. We follow, in this regard, the \u201cgeneral-to-specific\u201d approach and GMMdiff estimating methodology. Our results show that the relative price of the real estates is not only affected by the fundamentals, but also displays a strong influence of autoregressive and \u201cselfsustaining\u201d mechanism in the relative prices

Direct fabrication through electron beam melting technology of custom cranial implants designed in a phantom based haptic

Repairing critical human skull injuries requires the production and use of customized cranial implants and involves the integration of computer aided design and manufacturing (CAD and CAM). The main causes for large cranial defects are trauma, cranial tumors, infected craniotomy bone flaps and external neurosurgical decompression. The success of reconstructive cranial surgery depends upon: the preoperative evaluation of the defect, the design and manufacturing of the implant, and the skill of the operating surgeon. Cranial implant design is usually carried out manually using CAD although this process is very time-consuming and the quality of the end product depends wholly upon the skill of the operator. This paper presents an alternative automated method for the design of custom-made cranial plates in a PHANToM \uae-based haptic environment, and their direct fabrication in biocompatible metal using electron beam melting (EBM) technology

5d-5f Electric-multipole Transitions in Uranium Dioxide Probed by Non-resonant Inelastic X-ray Scattering

Non-resonant inelastic x ray scattering (NIXS) experiments have been performed to probe the 5d-5f electronic transitions at the uranium O(4,5) absorption edges in uranium dioxide. For small values of the scattering vector q, the spectra are dominated by dipole-allowed transitions encapsulated within the giant resonance, whereas for higher values of q the multipolar transitions of rank 3 and 5 give rise to strong and well-defined multiplet structure in the pre-edge region. The origin of the observed non-dipole multiplet structures is explained on the basis of many-electron atomic spectral calculations. The results obtained demonstrate the high potential of NIXS as a bulk-sensitive technique for the characterization of the electronic properties of actinide materials.Comment: Submitted to Physical Review Letters on 31 December 200

Evaluation of 3D Technologies In Dentistry

Quality of service, in terms of improvement in patient satisfaction, is an increasingly important objective in all medical fields, and is especially imperative in orthodontics due to the high numbers of patients treated. Information technology can provide a meaningful contribution to bettering treatment processes, and we maintain that systems such as CAD, CAM and CAE, although initially conceived for industrial purposes, should be evaluated, studied and customized with a view to use in medicine. The present study aims to evaluate Reverse Engineering (RE) and Rapid Prototyping (RP) in order to define an ideal chain of advanced technological solutions to support the critical processes of orthodontic activity