Emergence of heterogeneity in an agent-based model

2002/10/31 by Wan Ahmad Tajuddin Wan Abdullah, Abdullah, Wan Ahmad Tajuddin Wan
Economics, Econometrics and Finance · Medicine · Physics and Astronomy · Social Sciences · #Complex Systems and Time Series Analysis #Condensed Matter (cond-mat) #Evolutionary Game Theory and Cooperation #FOS: Physical sciences #Mathematical and Theoretical Epidemiology and Ecology Models #cond-mat

paper · pdf · doi:10.48550/arxiv.cond-mat/0210689

7 pages, pdf, contribution to International conference on Econophysics, Bali 2002, to appear in proceedings in Physica A

arxiv created 2002/10/31 · openalex publication_date 2002/10/31 · arxiv updated 2009/11/30 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/28

Abstract

We study an interacting agent model of a game-theoretical economy. The agents play a minority-subsequently-majority game and they learn, using backpropagation networks, to obtain higher payoffs. We study the relevance of heterogeneity to performance, and how heterogeneity emerges.

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