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Convergence in the Finite Cournot Oligopoly with Social and Individual Learning
Vallée, Thomas; Yildizoglu, Murat - HAL - 2009
selection dynamics to analyze this case. Vriend (2000) proposes using a genetic algorithm for studying learning dynamics in this … game and obtains convergence to Cournot equilibrium with individual learning. The resulting convergence has been questioned … are behind these contradictory results and underlines the specific role of the spite effect. We show why social learning …
Persistent link: https://www.econbiz.de/10008794335
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An Explanation of Generic Behavior in an Evolving Financial Market
Joshi, Shareen; Bedau, Mark A. - Santa Fe Institute - 1998
behavior that emerge in the market as a function of evolutionary learning rate, and to explain these emergent behaviors. We …
Persistent link: https://www.econbiz.de/10005790623
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The Coevolution of Automata in the Repeated Prisoner's Dilemma
Miller, John H. - Department of Social and Decision Sciences, Carnegie …
A model of learning and adaptation is used to analyze the coevolution of strategies in the repeated Prisoner's Dilemma …
Persistent link: https://www.econbiz.de/10005793584
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Convergence in Finite Cournot Oligopoly with Social and Individual Learning
VALLEE, Thomas; YILDIZOGLU, Murat - Groupe de Recherche en Économie Théorique et … - 2007
) proposes to use genetic algorithm for studying learning dynamics in this game and obtains convergence to Cournot equilibrium … with individual learning. We show in this article how social learning gives rise to Walras equilibrium and why, in a … general setup, individual learning can effectively yield convergence to Cournot instead of Walras equilibrium. We illustrate …
Persistent link: https://www.econbiz.de/10005697627
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The Effects of Tag-Mediated Selection of Partners in Evolving Populations Playing the Iterated PrisonerÕs Dilemma
Riolo, Rick L. - Santa Fe Institute - 1997
A simple model of tag-mediated partner selection for agents playing the IPD is described. The agents strategies are represented as (i,q,q) triples as in [Nowak and May, 1992]. The tags are represented as arbitrary real numbers in [0,1], and tag selection is biased toward agents with similar...
Persistent link: https://www.econbiz.de/10005790705
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Evolutionary economics and household behavior
Horioka, Charles - In: The Philippine review of economics : a joint … 51 (2014) 2, pp. 67-82
Persistent link: https://www.econbiz.de/10010528438
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Evolutionary economics and household behavior
Horioka, Charles - 2014
neoclassical assumption of selfish utility maximization with bounded rationality and satisficing and by incorporating the reaction …
Persistent link: https://www.econbiz.de/10010390070
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Evolutionary economics and household behavior
Horioka, Charles - 2014
neoclassical assumption of selfish utility maximization with bounded rationality and satisficing and by incorporating the reaction …
Persistent link: https://www.econbiz.de/10010390395
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Cricketsim: a Genetic and Evolutionary Computer Simulation
Wagner, Kyle; Shaw, Kerry - In: Journal of Artificial Societies and Social Simulation 11 (2007) 1, pp. 3-3
We present cricketsim, an individual-based simulator of species and community dynamics that allows experimenters to manipulate genetic and evolutionary parameters as well as parameters affecting the simulated environment and its inhabitants. The simulator can model genotypic and phenotypic...
Persistent link: https://www.econbiz.de/10005481621
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An agent based model of the evolution of supplier networks
Earnest, David C.; Wilkinson, Ian F. - In: Computational and mathematical organization theory 24 (2018) 1, pp. 112-144
Persistent link: https://www.econbiz.de/10011800501