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This paper presents a tight relationship between evolutionary game theory and distributed intelligence models. After reviewing some existing theories of replicator dynamics and distributed Monte Carlo learning, we make formulations and proofs of the equivalence between these two models. The...
Persistent link: https://www.econbiz.de/10005339049
There is general agreement that global warming is occurring and that the main contributor to this probably is the buildup of green house gases, GHG, in the atmosphere. Two main contributors are the utilization of fossil fuels and the deforestation of many regions of the world. This paper...
Persistent link: https://www.econbiz.de/10005807794
The notion of a reservation value is a key feature of most contemporary dynamic and stochastic models of land development. It is clear that the magnitude of the reservation value has a fundamental bearing on the decision to develop or preserve land. This notwithstanding, many papers that analyze...
Persistent link: https://www.econbiz.de/10005070337
Using information from on-line graded assignments in an intermediate microeconomics course, we find that non-procrastinators (both early-starters and front-loaders) obtain higher scores than their dillydallying counterparts. We also find that while busier students tend to start their assignments...
Persistent link: https://www.econbiz.de/10005503684