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Article #2758Game theory model of an economy (underdevelopment)
From: Fabrizio J. Bonsignore
Date: Mon, 18 Oct 2004 15:40
Date: Mon, 18 Oct 2004 15:40
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2248 bytes
fbonsignore@beethoven.com (Fabrizio J. Bonsignore) wrote in message news:<768f7623.0410161351.7a61a1ef@posting.google.com>... > A game theory model can be tested computationally by simulating lots > of two person games where envious, neutral and cooperative solutions > occur in a fixed proportion (or a variable proportion based on > previous values, total values, etc). It can be controlled with the > same pay matrixes simulated for pure strategies, envious, neutral and > jealous, and the values compared. There are several variations that > can be tried on the same basic idea. QED. For instance: games may be added to the simulation according to global gains (sum off all game results, GNP); neutral or cooperative strategies may be used for small gains (both gain), but envious strategies when gains are too big or disproportionate. Of course, a "national strategy" would be the probability distribution of individual strategies of players. And this model can be "filled" by actual figures (kind of econometrics), for instance, by making interviews or monitoring current behaviours...
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X-Google-Thread: fd5f7,126b743493f22fd3 X-Google-Thread: 10a12a,126b743493f22fd3 X-Google-Thread: 101049,126b743493f22fd3 X-Google-Thread: fb1cb,126b743493f22fd3 X-Google-Thread: 107d03,126b743493f22fd3 X-Google-Attributes: gidfd5f7,gid10a12a,gid101049,gidfb1cb,gid107d03,public X-Google-Language: ENGLISH,ASCII-7-bit Path: arc1-ca.pugleaf.net!g2news1.google.com!postnews1.google.com!not-for-mail From: fbonsignore@beethoven.com (Fabrizio J. Bonsignore) Newsgroups: sci.econ,ny.general,dc.general,seattle.general,la.general Subject: Game theory model of an economy (underdevelopment) Date: 18 Oct 2004 08:40:48 -0700 Organization: http://groups.google.com Lines: 19 Message-ID: <768f7623.0410180740.541beef4@posting.google.com> References: <768f7623.0410070553.346b0d71@posting.google.com> <768f7623.0410161351.7a61a1ef@posting.google.com> NNTP-Posting-Host: 208.37.158.100 Content-Type: text/plain; charset=ISO-8859-1 Content-Transfer-Encoding: 8bit X-Trace: posting.google.com 1098114048 23771 127.0.0.1 (18 Oct 2004 15:40:48 GMT) X-Complaints-To: groups-abuse@google.com NNTP-Posting-Date: Mon, 18 Oct 2004 15:40:48 +0000 (UTC)