Bookcover of Interacting Learning Agents
Booktitle:

Interacting Learning Agents

Models, Simulations, Experiments

VDM Verlag Dr. Müller (2009-10-14 )

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ISBN-13:

978-3-639-19094-6

ISBN-10:
3639190947
EAN:
9783639190946
Book language:
English
Blurb/Shorttext:
Individuals’ decisions in social systems are frequently influenced by the behavior or choices of others. These social effects may lead to multiple collective states, bringing up coordination problems. The outcome cannot be predicted a priori even in small systems. Depending on the intensity of interactions and the individuals’ learning capacities, non-optimal states may emerge, due to coordination failures. Understanding the emergence of collective states, which comes from the individual behavior of a large number of interacting individuals, is essential for the comprehension of social and industrial organizations. Here we present a study of such collective phenomena using methods of statistical physics and numerical simulations. We explore how the heterogeneity of the individuals, their interactions and learning capacities influence the system’s behavior. Equilibrium properties and dynamics obtained with various learning scenarios are thoroughly analyzed. Furthermore, interesting experimental studies address the issues of coordination problems with heterogeneous players. This work is aimed at a broad audience of researchers and students in areas of social and natural sciences.
Publishing house:
VDM Verlag Dr. Müller
Website:
http://www.vdm-verlag.de
By (author) :
Viktoriya Semeshenko
Number of pages:
176
Published on:
2009-10-14
Stock:
Available
Category:
Technology
Price:
68.00 €
Keywords:
heterogeneous agents, binary choices, social interactions, multiple equilibria, Learning, Statistical Physics, Experimental Economics

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