摘要翻译:
我们考虑了一个异质的基于主体的经济模型,其中经济主体具有严格的有限理性,收益分配策略通过选择性模仿演化。收入由柯布-道格拉斯型生产函数计算,模仿策略的选择取决于它们产生的收入增长率。我们证明了在这些条件下,当一个代理采取新的策略时,其收益增长率对其他代理的影响是立即可见的,这使得一组模仿代理在需要时能够快速地调整他们的策略。
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英文标题:
《Convergence of Income Growth Rates in Evolutionary Agent-Based Economics》
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作者:
Volker Nannen
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最新提交年份:
2010
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分类信息:
一级分类:Quantitative Finance 数量金融学
二级分类:Trading and Market Microstructure 交易与市场微观结构
分类描述:Market microstructure, liquidity, exchange and auction design, automated trading, agent-based modeling and market-making
市场微观结构,流动性,交易和拍卖设计,自动化交易,基于代理的建模和做市
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英文摘要:
We consider a heterogeneous agent-based economic model where economic agents have strictly bounded rationality and where income allocation strategies evolve through selective imitation. Income is calculated by a Cobb-Douglas type production function, and selection of strategies for imitation depends on the income growth rate they generate. We show that under these conditions, when an agent adopts a new strategy, the effect on its income growth rate is immediately visible to other agents, which allows a group of imitating agents to quickly adapt their strategies when needed.
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PDF链接:
https://arxiv.org/pdf/1009.2721