Introducing Disappointment Dynamics and Comparing Behaviors in Evolutionary Games: Some Simulation Results
The paper presents an evolutionary model, based on the assumption that agents may revise their current strategies if they previously failed to attain the maximum level of potential payoffs. We offer three versions of this reflexive mechanism, each one of which describes a distinct type: spontaneous...
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| Format: | Article |
| Language: | English |
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MDPI AG
2014-01-01
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| Series: | Games |
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| Online Access: | http://www.mdpi.com/2073-4336/5/1/1 |