ASU Electronic Theses and Dissertations
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Need-based transfers (NBTs) are a form of risk-pooling in which binary welfare exchanges occur to preserve the viable participation of individuals in an economy, e.g. reciprocal gifting of cattle among East African herders or food sharing among vampire bats. With the broad goal of better understanding the mathematics of such binary welfare and risk pooling, agent-based simulations are conducted to explore socially optimal transfer policies and sharing network structures, kinetic exchange models that utilize tools from the kinetic theory of gas dynamics are utilized to characterize the wealth distribution of an NBT economy, and a variant of repeated prisoner’s dilemma …
- Kayser, Kirk, Armbruster, Dieter, Lampert, Adam, et al.
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