Complex Behaviours in Binary choice Model with
Global or Local social influence
Résumé
This paper illustrates the effects of global or local social influences upon
binary choice. Analytical results are summarized and an ACE (Agent based Computational
Economics) approach is used to investigate the corresponding mechanisms
of interdependence in the case of a coordination problem and finite size effects.
binary choice. Analytical results are summarized and an ACE (Agent based Computational
Economics) approach is used to investigate the corresponding mechanisms
of interdependence in the case of a coordination problem and finite size effects.