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.
Read More
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.
Read Less