Computation as economics

Article Abstract:

An analysis of computational dynamics reveals that economics may be used to model computer networks as interactions, strategies and lack of perfect knowledge are found in both real situations and in computer networks. Computing systems are found to offer a virtual real world mini-economy which are useful in determining processes in the presence of imperfect or delayed information.

Research and Development in the Physical, Engineering, and Life Sciences, Statistics, Analysis, Computer networks, Economics, Study and teaching, Information management, Statistics (Mathematics)

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Competitive dynamics of web sites

Article Abstract:

In measuring electronic markets the authors find that several companies compete equally, and then one company takes the lead while the others go out of business.

Science & research, Research, Competition (Economics), Economic aspects, Company Web site/Web page, Web sites (World Wide Web), Web sites, Web site/Web page development, Dynamical systems

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Restart strategies and Internet congestion

Article Abstract:

An optimal restart strategy for purchasing securities on the Internet is found to be useful despite the fact that all other buyers are using it as well.

Securities Dealers, Investment Banking and Securities Dealing, Security brokers and dealers, Statistical Data Included, Purchasing, Internet, Telecommunications systems, Securities, Securities industry, Externalities (Economics)

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