Showing 1 - 6 of 6
Social insects---ants, bees, termites and wasps---exhibit a collective problem-solving ability (Deneubourg and Goss, 1989; Bonabeau et al., 1997). In particular, several ant species are capable of selecting the shortest pathway, among a set of alternative pathways, from their nest to a food source...
Persistent link: https://www.econbiz.de/10005739934
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We investigate the ability of a genetic algorithm to design cellular automata that perform computations. The computational strategies of the resulting cellular automata can be understood using a framework in which "particles" embedded in space-time configurations carry information and...
Persistent link: https://www.econbiz.de/10005790972
Technological change at the firm level has commonly been modeled as random sampling from a fixed distribution o f possibilities. Such models, however, typically ignore empirically important aspects of the firm's search process, notably the observation that the present state of the firm guides...
Persistent link: https://www.econbiz.de/10005791001
We use game theory and the Santa Fe Artificial Stock Market, an agent-based model of an evolving stock market, to study the properties of strategic Nash equilibria in financial markets. We discover two things: there is a unique strategic equilibrium in the market, and this equilibrium in...
Persistent link: https://www.econbiz.de/10005623644
We investigate the problem of learning to play a generalized rock-paper-scissors game. Each player attempts to improve her average score by adjusting the frequency of the three possible responses. For the zero-sum case the learning process displays Hamiltonian chaos. The learning trajectory can...
Persistent link: https://www.econbiz.de/10005791038