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revision occurring over the course of the simulation. This paper aims to investigate the influence of learning dynamics on …
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able to capture social phenomena. The results are used to evaluate simulation approaches for evolutionary processes in …
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Combining a system dynamic and agent based modeling approach, we formalize a simulation framework of the Human …'s behavioral dynamics via simulation methods to identify paths and pitfalls towards economic development, cultural plasticity …
Persistent link: https://www.econbiz.de/10014160450
The paper presents an evolutionary model, based on the assumption that agents may revise their current strategies if they previously failed to attain the maximum level of potential payoffs. We offer three versions of this reflexive mechanism, each one of which describes a distinct type:...
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