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Adaptive Learning by Genetic Algorithms

Analytical Results and Applications to Economical Models

Herbert Dawid (Autor)

IX, 166 Seiten
1996
Springer Berlin (Hersteller)
9783540615132 (ISBN)

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This work considers the learning behaviour of genetic algorithms in economic systems with mutual interaction, such as markets. It offers insights into the impact of the use of different genetic operators, coding mechanisms and parameter constellations.
This work considers the learning behaviour of genetic algorithms in economic systems with mutual interaction, like markets. Such systems are characterized by a state dependent fitness function. The book offers insights into the impact of the use of different genetic operators, coding mechanisms and parameter constellations. It provides a large number of simulations in evolutionary games and economic models.

Contents: Introduction.- Bounded Rationality and Artificial Intelligence.- Genetic Algorithms.- Genetic Algorithms with a State Dependent Fitness Function.- Genetic Learning in Evolutionary Games.- Simulations with Genetic Algorithms in Economic Systems.- Stability and Encoding.- Conclusions.