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Contents: 1. Economic psychology: selected contributions to an emerging discipline / Katharina Gangl and Erich Kirchler -- 2. Lay people's and children's theories of money / Agata Gasiorowska -- 3. Improving financial capability / Krishane Patel and Ivo Vlaev -- 4. Role of 'owned' money and...
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We present a simple model of spatial evolution that avoids several problems that arise with more complex networks of players. We consider a world where pairs of players are matched forever. These players learn from the whole population but they are more likely to learn to strategies used by...
Persistent link: https://www.econbiz.de/10005118522
The paper applies the idea of evolution to a spatial model. We assume that the prisoners' dilemma is played only within a neighborhood and that evolutionary pressure works also only on a local level. Discriminatory behavior of players is introduced representing strategies as small automata,...
Persistent link: https://www.econbiz.de/10005118540