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<https://discovery.ucl.ac.uk/id/eprint/10047977> <http://purl.org/dc/terms/title> "Traveling Traders' Exchange Problem: Stochastic Modeling Framework and Two-Layer Model Identification Strategy"^^<http://www.w3.org/2001/XMLSchema#string> .
<https://discovery.ucl.ac.uk/id/eprint/10047977> <http://purl.org/ontology/bibo/abstract> "The Travelling Traders’ Exchange Problem (TTEP) is formalised, aiming at studying the\r\ncollision-exchange systems found in various research areas. As an example of the TTEP models, a\r\n1-D model is developed and characterised in detail. The computational stochastic simulation of the\r\n1-D TTEP model relies on a stochastic simulation algorithm implemented based on the Monte Carlo\r\nmethod. A model identification framework is proposed where the money distribution in the system\r\nobtained from the stochastic model is characterised in terms of (a) standard deviation of the money\r\nredistribution; (b) its probability density function. Results indicate that the expressions of the\r\nestimated functions for (a) and (b) are tightly related to the system input conditions. The example of\r\ncurve fitting on the probability density function shows how the variation of money redistribution in the system in time is driven by different values of the parameters describing the interaction\r\nmechanism."^^<http://www.w3.org/2001/XMLSchema#string> .
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