Catalogo Articoli (Spogli Riviste)

OPAC HELP

Titolo:
Game theory: Limitations and an alternative
Autore:
Moss, S;
Indirizzi:
Manchester Metropolitan Univ, Ctr Policy Modelling, Manchester M1 3GH, Lancs, England Manchester Metropolitan Univ Manchester Lancs England M1 3GH ncs, England
Titolo Testata:
JASSS-THE JOURNAL OF ARTIFICIAL SOCIETIES AND SOCIAL SIMULATION
fascicolo: 2, volume: 4, anno: 2001,
pagine: NIL_21 - NIL_39
SICI:
1460-7425(200103)4:2<NIL_21:GTLAAA>2.0.ZU;2-U
Fonte:
ISI
Lingua:
ENG
Soggetto:
IMPLEMENTATION; AGENTS;
Keywords:
game theory; agent; multi agent system; simulation; market; intermediation;
Tipo documento:
Article
Natura:
Periodico
Settore Disciplinare:
Social & Behavioral Sciences
Citazioni:
28
Recensione:
Indirizzi per estratti:
Indirizzo: Moss, S Manchester Metropolitan Univ, Ctr Policy Modelling, Aytoun Bldg, Manchester M1 3GH, Lancs, England Manchester Metropolitan Univ Aytoun Bldg Manchester Lancs England M1 3GH
Citazione:
S. Moss, "Game theory: Limitations and an alternative", JASSS, 4(2), 2001, pp. NIL_21-NIL_39

Abstract

The purpose of this paper is to describe current practice in the game theory literature, to identify particular characteristics that ensure the literature is remote from anything we observe and to demonstrate an alternative drawn from agent based social simulation. The key issue is the process of social interaction among agents. A survey of game theoretic models found no models representing interaction among more than three agents, though sometimes more agents were involved in a round robin tournament. An ABSS model isreported in which there is a dense pattern of interaction among agents andoutputs from the model are shown to have the same statistical signature ashigh-frequency data from competitive retail and financial markets. Moreover, the density of agent interaction is seen to be necessary both to obtain the validating statistical signature and for simulated market efficiency. As far as competitive markets are concerned, game theoretic models evidentlyassume away the source of the properties observed in real high frequency data and also the properties required for market efficiency.

ASDD Area Sistemi Dipartimentali e Documentali, Università di Bologna, Catalogo delle riviste ed altri periodici
Documento generato il 08/04/20 alle ore 22:24:53