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Replicator dynamics and computer simulation techniques are used to construct a reduced form model which explores negative and positive feedback processes between firm costs and market shares embodied in the dynamics of (dis)economies of scale. After reproducing the standard equilibrium results...
Persistent link: https://www.econbiz.de/10005790625
1. Introduction <p> In this paper we interlink a dynamic programming, a game theory and a behavioral simulation approach to the same problem of economic exchange. We argue that the success of mathematical economics and game theory in the study of the stationary state of a population of...</p>
Persistent link: https://www.econbiz.de/10005790626
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
In this paper, we construct a general model of diverse problem solvers of limited abilities. We use this model to derive two main results: (1) a collection of diverse, bounded problem solvers can locate optimal solutions to difficult problems and (2) a collection of problem solvers of diverse...
Persistent link: https://www.econbiz.de/10005790628
Biogenesis and Evolution are viewed from the perspective of the universality of the metabolic chart with respect to primary metabolism and the phylogenetic specificity of secondary metabolism. This analysis is developed within the context of the evolution of the universal ancestor through...
Persistent link: https://www.econbiz.de/10005790636
Simulation models are becoming increasingly common in the analysis of critical scientific, policy, and management issues. Such models provide a way to analyze complex systems characterized by both large parameter spaces and nonlinear interactions. Unfortunately, these same characteristics make...
Persistent link: https://www.econbiz.de/10005790637
We cast some classes of fitness landscapes as problems in spectral analysis on various Cayley graphs. In particular, landscapes derived from RNA folding are realized on Hamming graphs and analyzed in terms of Walsh transforms; assignment problems are interpreted as functions on the symmetric...
Persistent link: https://www.econbiz.de/10005790638
Phage display, SELEX and other methods of combinatorial chemistry have become very popular means of finding ligands with high affinities to given targets. Despite their success, they suffer from numerous sources of error and bias, such as very low initial concentrations of species, non-specific...
Persistent link: https://www.econbiz.de/10005790639
We report numerical simulations on the number of local minima in the landscape of the Graph Bipartitioning Problem and provide an
Persistent link: https://www.econbiz.de/10005790640
Complex architectures grown by simple agents moving randomly on a 3D lattice and depositing bricks deterministically depending on local configurations of bricks are presented. Some of these architectures are strikingly similar to real wasp nest architectures. But most algorithms, in the space of...
Persistent link: https://www.econbiz.de/10005790641