Showing 1 - 2 of 2
We use co-evolutionary genetic algorithms to model the players' learning process in several Cournot models, and evaluate them in terms of their convergence to the Nash Equilibrium. The ``social-learning'' versions of the two co-evolutionary algorithms we introduce, establish Nash Equilibrium in...
Persistent link: https://www.econbiz.de/10005042715
This paper examines the use of Fuzzy Cognitive Maps (FCMs) as a technique for modeling political and crisis situations and supporting the decision-making process. FCMs use notions borrowed from artificial intelligence and neural networks to combine concepts and causal relationships, in the form...
Persistent link: https://www.econbiz.de/10011107777