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Entropy is a powerful tool for the analysis of time series, as it allows describing the probability distributions of the possible state of a system, and therefore the information encoded in it. Nevertheless, important in...

This article explores the role of institutional dynamics in transition economies, with a particular focus on Ukraine’s economic transformation. As Ukraine shifts from a centrally-planned to a market-based economy, it f...

The Yard-Sale Model, a well known wealth exchange model whose observed macroscopic behavior hides many underlying aspects of particular complexity, was studied at the microscopic level. The performance of the agents duri...

Subjects / keywords: mathematical modeling, computation methods, applied mathematics, computational biology, econophysics, numerical simulation; Technology: Technology (General): Industrial engineering. Management engineering: Applied mathem...