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This book is based on presentations at AE’2006 (Aalborg, Denmark) – the second symposium on Artificial Economics. As a new constructive simulation method, Agent-Based Computational Economics (ACE) has in recent years proven its strength and applicability. Coverage in this volume extends to well known questions of economics, like the existence of market efficiency, and to questions raised by new analytical tools, for example networks of social interaction.
This book presents the huge variety of current contributions of game theory to economics. The impressive contributions fall broadly into two categories. Some lay out in a jargon free manner a particular branch of the theory, the evolution of one of its concepts, or a problem, that runs through its development. Others are original pieces of work tha
The wine industry appears to be an anomaly within the modern global economy. Thousands of small companies provide a vast variety of highly differentiated products and compete successfully with multinational corporations. Using case studies from Bordeaux, Napa Valley and Chianti Classico, this book argues that rather than being a vestige or a serendipitous phenomenon, this variety results from a sophisticated alternative organization of production. Integrating differentiation and branding into Ostrom's common pool resource theory, Jerry Patchell shows how winegrowers in a territory can use self-governance to protect and promote their common reputation while enhancing each producer's ability to differentiate their wines and build their own brand. Bordeaux, Napa, and Chianti Classico share several common challenges, but develop a set of strategies and tools appropriate to their markets and regulatory contexts.
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Western societies are calling for speedy change in agriculture and the agrifood industries to incorporate new quality criteria into the goods they produce. To promote these changes what scientists must develop are not universally implementable technical solutions, but self-diagnosis methods to be used by agricultural producers and their advisors. They also need to evolve new procedures for research intervention in collective organisations. There is a need for new individual and collective learning and organisation processes based on transdisciplinarity and co-learning among researchers, development professionals, decision makers and farmers. In this book, scientists from ten industrialised countries describe and reflect on their theoretical and practical experience of the different forms of learning they experimented with.
The papers presented in this volume cover recent progress in applications of new theory on manoeuvring-related problems for surface ships and control and sensor problems for underwater vehicles.