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In an ultimatum game where competitive pressures and alternating roles exist, we suppose that players make their decisions based on the net profit of their own. Here we conduct a behavioral experiment in a selection examination, and then we establish a model and study the evolution of strategies...
Persistent link: https://www.econbiz.de/10011264577
In our previous study [Zhu et al., Quantum game interpretation for a special case of Parrondo’s paradox, Physica A 390 (2011) 579], the capital-dependent Parrondo’s game where one game depends on the capital modulus M=4 was shown not to have a definite stationary probability distribution and...
Persistent link: https://www.econbiz.de/10010872080
For the multi-agent spatial Parrondo’s games, the available theoretical analysis methods based on the discrete-time Markov chain were assumed that the losing and winning states of an ensemble of N players were represented to be the system states. The number of system states was 2N types....
Persistent link: https://www.econbiz.de/10010873110
A multi-agent Parrondo’s model is proposed in the paper. The model includes link A based on the rewiring mechanism (the network evolution) + game B (dependent on the spatial neighbors). Moreover, to produce the paradoxical effect and analyze the “agitating” effect of the network...
Persistent link: https://www.econbiz.de/10011057321
Based on the original Parrondo’s game and on the case where game A and game B are played randomly with modulo M=4, the processes of the game are divided into odd and even numbered plays, where the probability of playing game A in odd numbers is γ1 and the probability of playing game A in even...
Persistent link: https://www.econbiz.de/10011063184
By using the discrete Markov chain method, Parrondo’s paradox is studied by means of theoretical analysis and computer simulation, built on the case of game AB played in alternation with modulus M=4. We find that such a case does not have a definite stationary probability distribution and that...
Persistent link: https://www.econbiz.de/10011060028
This paper presents the analysis and design optimization of a coaxial surface-mounted permanent-magnet magnetic gear. The magnetic field distribution in the coaxial magnetic gear is calculated analytically in the polar coordinate system and then validated by the finite element method (FEM). The...
Persistent link: https://www.econbiz.de/10011105150
In the current economic climate, the British Government is revising a whole range of policy sectors to highlight areas where savings and cuts can be made. The policy of subsidising home-to-school transport for pupils who live beyond a set distance from the school which they attend has been in...
Persistent link: https://www.econbiz.de/10011155187
While land serves numerous societal functions and contributes to sustainable development, it is often unclear how these functions are affected by political decisions and common drivers of land use change, such as economic development, climate change and demographic change. This study evaluates...
Persistent link: https://www.econbiz.de/10011265950
The low grade heat utilization is not only an inevitable option to solve the energy and environment problems, but also a critical issue for many remote power applications and planetary explorations. In this study, a novel design called a heat engine aerobot which can convert planetary...
Persistent link: https://www.econbiz.de/10011190874