Forecasting mineral commodity (MC) prices has been an important and difficult task
traditionally addressed by econometric, stochastic-Gaussian and time series techniques …

The main aim of this work is to incorporate selected findings from behavioural finance into a
Heterogeneous Agent Model using the Brock and Hommes (1998)[34] framework …

We analyze a duopolistic Cournotian game with firms producing a homogeneous good,
isoelastic demand function and linear total cost functions. In this economic setting, the …

Metal price movement is a complicated process with significant fluctuations, exhibiting
nonlinear characteristics. With the proposed Heterogeneous Market Hypothesis (HMH), we …

We introduce a method to estimate the failure time of a class of weighted k-out-of-n systems
using the idea of rational expectations, which to the best of our knowledge is a new …

Price movement in the electricity market can be viewed as a nonlinear and dynamic system,
exhibiting significant chaotic and multiscale characteristics. To conduct more accurate …

This paper offers an overview of the literature on the economic and financial applications of
theory of nonlinear dynamics, especially bifurcation theory. After a short introductory …

In this paper, we propose an evolutionary oligopoly game of technology adoption in a
market with isoelastic demand and two possible (linear) production technologies. While one …

Motivated by extensively applied tax policy in real society, we investigate the evolution of
cooperation by incorporating tax mechanism into evolutionary game theory. We introduce …

Mineral extraction activities and the commercialisation of mineral-based products in later
stages are fundamental for economic, technological and social development, so …