Landscape in the Economy of Conspicuous Consumptions

Situngkir, Hokky (2010) Landscape in the Economy of Conspicuous Consumptions. [Departmental Technical Report]

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Psychological states side by side with the bounded rational expectations among social agents contributes to the pattern of consumptions in economic system. One of the psychological states are the envy – a tendency to emulate any gaps with other agents’ properties. The evolutionary game theoretic works on conspicuous consumption are explored by growing the micro-view of economic agency in lattice-based populations, the landscape of consumptions. The emerged macro-view of multiple equilibria is shown in computational simulative demonstrations altogether with the spatial clustered agents based upon the emerged agents’ economic profiles.

Item Type:Departmental Technical Report
Keywords:conspicuous consumption, behavioral economics, agent-based simulations
Subjects:Psychology > Behavioral Analysis
Computer Science > Complexity Theory
Computer Science > Dynamical Systems
Psychology > Social Psychology > Social simulation
ID Code:6852
Deposited By: Situngkir, Mr Hokky
Deposited On:06 Jun 2010 14:34
Last Modified:11 Mar 2011 08:57

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