ar X iv : a da p - or g / 98 04 00 4 v 1 3 0 A pr 1 99 8 DYNAMICS OF INDIVIDUAL SPECIALIZATION AND GLOBAL DIVERSIFICATION IN COMMUNITIES ∗
نویسندگان
چکیده
We discuss a model of an economic community consisting of N interacting agents. The state of each agent at any time is characterized, in general, by a mixed strategy profile drawn from a space of s pure strategies. The community evolves as agents update their strategy profiles in response to payoffs received from other agents. The evolution equation is a generalization of the replicator equation. We argue that when N is sufficiently large and the payoff matrix elements satisfy suitable inequalities, the community evolves to retain the full diversity of available strategies even as individual agents specialize to pure strategies. Journal Ref: Complexity, Vol. 3, No. 3, 50-56, (1998). E-mail: [email protected] Also at Jawaharlal Nehru Centre for Advanced Scientific Research, Bangalore 560 064, and Associate Member of ICTP, Trieste. E-mail: [email protected] E-mail: [email protected]
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Dynamics of individual specialization and global diversification in communities
We discuss a model of an economic community consisting of N interacting agents. The state of each agent at any time is characterized, in general, by a mixed strategy profile drawn from a space of s pure strategies. The community evolves as agents update their strategy profiles in response to payoffs received from other agents. The evolution equation is a generalization of the replicator equatio...
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