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Cooperative Parrondo's games on a regular two-dimensional lattice are analyzed based on computer simulations and on the discrete-time Markov chain model with exact transition probabilities. The paradox appears in the vicinity of the probabilites characteristic of the “voter model”,...
Persistent link: https://www.econbiz.de/10011057968
We have studied urban public traffic networks from the viewpoint of complex networks and game theory. Firstly, we have empirically investigated an urban public traffic network in Beijing in 2003, and obtained its statistical properties. Then a simplified game theory model is proposed for...
Persistent link: https://www.econbiz.de/10011059102
Ecological systems are complex assemblies of large numbers of individuals, interacting competitively under multifaceted environmental conditions. Recent studies using microbial laboratory communities have revealed some of the self-organization principles underneath the complexity of these...
Persistent link: https://www.econbiz.de/10011059957
We investigate optimal strategies to defend valuable goods against the attacks of a thief. Given the value of the goods and the probability of success for the thief, we look for the strategy that assures the largest benefit to each player irrespective of the strategy of his opponent. Two...
Persistent link: https://www.econbiz.de/10011060101
We study the possible advantages of adopting quantum strategies in multi-player evolutionary games. We base our study on the three-player Prisoner’s Dilemma (PD) game. In order to model the simultaneous interaction between three agents we use hypergraphs and hypergraph networks. In particular,...
Persistent link: https://www.econbiz.de/10011060104
Each year perhaps millions of young people face the following dilemma: should I continue my education or rather start working with already acquired skills. Right decision must take into account somebody's own abilities, accessibility to education institutions, competition, and potential...
Persistent link: https://www.econbiz.de/10011060825
We analyze different ways of pairing agents in a bipartite matching problem, with regard to its scaling properties and to the distribution of individual “satisfactions”. Then we explore the role of partial information and bounded rationality in a generalized Marriage Problem, comparing the...
Persistent link: https://www.econbiz.de/10011061411
We develop a probabilistic consumer choice framework based on information asymmetry between consumers and firms. This framework makes it possible to study market competition of several firms by both quality and price of their products. We find Nash market equilibria and other optimal strategies...
Persistent link: https://www.econbiz.de/10011061881
A recent field study confirmed that animal crowd behavior is dominated by the interaction from the k-Nearest-Neighbors rather than all the neighbors in a given metric distance. For the reason that systems with local interaction perform similar self-organized phenomena, we in this paper build two...
Persistent link: https://www.econbiz.de/10011062508
We propose a continuum model for the description of buyer and seller dynamics in an Internet market. The relevant variables are the research effort of buyers and the sellers’ reputation building process. We show that, if a commercial website gives consumers the possibility to rate credibly...
Persistent link: https://www.econbiz.de/10011062944