ENGLISH

Adaptive Learning by Genetic Algorithms: Analytical Results and Applications to Economical Models

By Dr. Herbert Dawid (auth.)

Book information

Publisher
Springer Berlin Heidelberg
Year
1996
ISBN
978-3-540-61513-2, 978-3-662-00211-7
DOI
10.1007/978-3-662-00211-7
Language
english
Format
PDF
Filesize
8 MB (8523904 bytes)
Series
Lecture Notes in Economics and Mathematical Systems 441
Edition
Softcover reprint of the original 1st ed. 1996
Pages
IX, 166 pp.Show next edition\172
Orientation
yes
Scanned
yes
Time added
2013-08-01 04:00:00
Cryptology and Information TheoryEconomic Theory; Data Structures

Description

This book considers the learning behavior of Genetic Algorithms in economic systems with mutual interaction, like markets. Such systems are characterized by a state dependent fitness function and for the first time mathematical results characterizing the long run outcome of genetic learning in such systems are provided. Several insights concerning the impact of the use of different genetic operators, coding mechanisms and parameter constellations are gained. The usefulness of the derived results is illustrated by a large number of simulations in evolutionary games and economic models.

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