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Effects of local information transmission and imitation among agents in an evolving population consisting of agents competing for limited resources are studied numerically through a model based on the evolutionary minority game (EMG). Enhanced cooperation is found to result from an effective...
Persistent link: https://www.econbiz.de/10011064463
We propose and study a new adaptation minority game for understanding the complex dynamical behavior characterized by agent interactions competing limited resource in many natural and social systems. We compare the strategy of agents in the model to chromosome in biology. In our model, the...
Persistent link: https://www.econbiz.de/10010589907