Showing 1 - 8 of 8
The Santa Fe Artificial Stock Market [13, 4] is an agent-based artificial model in which agents continually explore and develop expectational models, buy and sell assets based on the predictions of those models that perform best, and confirm or discard these models based on their performance...
Persistent link: https://www.econbiz.de/10005790623
In this paper we study a simple learning paradigm for iterated normal form games in an evolutionary context. Following the decision theoretic concept of satisficing we design players with a certain aspiration level. If their payoff is below this level, they change their current action, otherwise...
Persistent link: https://www.econbiz.de/10005790627
Communication plays a vital role in the organization and operation of biological, computational, economic, and social systems. Agents often base their behavior on the signals they receive from others and also recognize the importance of the signals they send. Here we develop a framework for...
Persistent link: https://www.econbiz.de/10005790666
The evolution of cooperation in the repeated prisoner's dilemma depends on the conditions under which the game is played. The results of a series of computer simulations show that the emergence of cooperative play in the game is strongly affected by the localisations of both interaction and...
Persistent link: https://www.econbiz.de/10005790817
In this paper we introduce a new approach to optimization problems based on a previous theoretical work on extinction patterns in macroevolution. We name them Macroevolutionary Algorithms (MA). Unlike population-level evolution, which is employed in standard genetic algorithms, evolution at the...
Persistent link: https://www.econbiz.de/10005791039
Environmental and biotic factors regulate species abundance and the composition of ecological communities. However, it is difficult to demonstrate principles of community assembly in nature due to observational limitations and historical effects. Numerical simulation can be used to evaluate...
Persistent link: https://www.econbiz.de/10005791054
Fitness distance correlation (FDC) has been offered as a summary statistic with apparent success in predicting the performance of genetic algorithms for global optimization. Here, a counterexample to Hamming-distance based FDC is examined for what it reveals about how GAs work. The...
Persistent link: https://www.econbiz.de/10005791060
Can we build computers that are intelligent and alive? This question has been on the minds of computer scientists since the dawn of the computer age and remains a most compelling line of inquiry. Some would argue that the question makes sense only if we put scare quotes around "intelligent" and...
Persistent link: https://www.econbiz.de/10005623648