In AY 2017-2018, the Institute for European Studies launched the IES Migrations Series which conceptualizes the migration of not only people, but also images, words, ideas, technologies, objects,…
In this talk, we study two different diffusion models on the random graphs. In the first part, we
consider first passage percolation. We analyze the impact of the edge weights on distances
in sparse…
In a complete markets economy with heterogeneous consumers whether consumers vanish or survive is determined entirely by discount factors and beliefs. All else equal, the (complete) market selects…