Learning and imitation: transitional dynamics in variants of the BAM

Heymann, D.; Perazzo, Roberto P. J.; Schuschny, A. R.

Artículo de Publicación Periódica:
Learning and imitation: transitional dynamics in variants of the BAM

dc.contributor.author	Heymann, D.
dc.contributor.author	Perazzo, Roberto P. J.
dc.contributor.author	Schuschny, A. R.
dc.date.accessioned	2019-03-20T14:08:04Z
dc.date.available	2019-03-20T14:08:04Z
dc.date.issued	2004
dc.description.abstract	"We study the dynamics of self-organized systems when disturbed by shocks. For this purpose, we consider extensions of the “Bar Attendance Model” [1] (BAM), which provides a stylized setting for the analysis of the emergence of coordination in the behavior of a large collection of agents. We represent the learning process of the agents through genetic algorithms, which respond to global (publicly available) information. In addition, we allow the actions of agents to be influenced by local information, as expressed in the behavior and performance of neighboring individuals. In the context of the BAM, we show that, in the event of a shock, the imitation behavior may become widespread and generate a contagion cascade which mimics a collective panic. We use this framework to represent features of the dynamics of an actual bank run."	en
dc.identifier.issn	0219-5259
dc.identifier.uri	http://ri.itba.edu.ar/handle/123456789/1484
dc.language.iso	en	en
dc.relation	info:eu-repo/grantAgreementt/EC 9000XX/27/
dc.subject	DINAMICA DE GRUPO	es
dc.subject	APRENDIZAJE	es
dc.subject	MODELOS MATEMATICOS	es
dc.title	Learning and imitation: transitional dynamics in variants of the BAM	en
dc.type	Artículos de Publicaciones Periódicas	es
dspace.entity.type	Artículo de Publicación Periódica
itba.description.filiation	Fil: Heymann, D. Comisión Económica para América Latina y el Caribe; Chile.
itba.description.filiation	Fil: Heymann, D. Universidad de Buenos Aires. Facultad de Ciencias Económicas; Argentina.
itba.description.filiation	Fil: Perazzo, Roberto P. J. Instituto Tecnológico de Buenos Aires; Argentina.
itba.description.filiation	Fil: Perazzo, Roberto P. J. Universidad de Buenos Aires. Facultad de Ciencias Exactas y Naturales; Argentina.
itba.description.filiation	Fil: Schuschny, A. R. Comisión Económica para América Latina y el Caribe. Chile.