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The dynamic choice between individual and social learning is explored for a population of autonomous agents whose objective is to find solutions to a stream of related problems. The probability that an agent is in the individual learning mode, as opposed to the social learning mode, evolves over...
Persistent link: https://www.econbiz.de/10012611853
Two distinct learning mechanisms are considered for a population of agents who engage in decentralized search for the common optimum. An agent may choose to learn via innovation (individual learning) or via imitation (social learning). The agents are endowed with heterogeneous skills in engaging...
Persistent link: https://www.econbiz.de/10009002608
The dynamic choice between individual and social learning is explored for a population of autonomous agents whose objective is to find solutions to a stream of related problems. The probability that an agent is in the individual learning mode, as opposed to the social learning mode, evolves over...
Persistent link: https://www.econbiz.de/10010678092
The agent-based approach views an organization as a collection of agents, interacting with one another in their pursuit of assigned tasks. The performance of an organization in this framework is determined by the formal and informal structures of interactions among agents, which define the lines...
Persistent link: https://www.econbiz.de/10014024379
The dynamic choice between individual and social learning is explored for a population of autonomous agents whose objective is to find solutions to a stream of related problems. The probability that an agent is in the individual learning mode, as opposed to the social learning mode, evolves over...
Persistent link: https://www.econbiz.de/10012013701