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In this paper we study an experiment with human agents strategically interacting in a game characterized by continuous time and continuous strategy space. The research is focused in studying the agents interaction dynamic under different experimental settings. The agents play a two person game...
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We investigate the problem of learning to play a generalized rock-paper-scissors game. Each player attempts to improve her average score by adjusting the frequency of the three possible responses. For the zero-sum case the learning process displays Hamiltonian chaos. The learning trajectory can...
Persistent link: https://www.econbiz.de/10005791038
A dynamical-systems-based model of computation is studied. We demonstrate the computational ability of nonlinear mappings. There exists a switching map system with two types of baker's map to emulate any Turing machine. Taking non-hyperbolic mappings with second-order nonlinearity (e.g., the...
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We numerically find unstable periodic solutions embedded in a chaotic attractor in a generalized Goodwin model with an interaction between two countries and focus on a class of simple periodic orbits extracted from them. We confirm that chaotic behaviour represented by the model is qualitatively...
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This paper provides an example in which regional business cycles may synchronize via producers’ expectations, even though there is no interregional trade, by means of a system of globally coupled, noninvertible maps. We concentrate on the dependence of the dynamics on a parameter η which...
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