DocumentCode
2394576
Title
Cooperative agent systems: artificial agents play the ultimatum game
Author
Zhong, Fang ; Kimbrough, Steven O. ; Wu, D.J.
Author_Institution
LeBow Coll. of Bus., Drexel Univ., Philadelphia, PA, USA
fYear
2002
fDate
7-10 Jan. 2002
Firstpage
2207
Lastpage
2215
Abstract
We explore computational approaches for artificial agents to play the ultimatum game. We compare our agents´ behavior with that predicted by classical game theory, as well as behavior found in experimental (or behavioral) economics investigations. In particular, we study the following questions: How do artificial agents perform in playing the ultimatum game against fixed rules, dynamic rules, and rotating rules? How do coevolving artificial agents perform? Will learning software agents do better? What is the value of intelligence? What will happen when smart learning agents play against dumb (no-learning) agents? What will be the impact of agent memory size on performance? We provide some initial experimental results pertaining to these questions.
Keywords
game theory; learning (artificial intelligence); multi-agent systems; software agents; classical game theory; coevolving artificial agents; cooperative agent system; dynamic rules; economics investigations; fixed rules; learning software agents; rotating rules; smart learning agents; ultimatum game; Artificial intelligence; Autonomous agents; Economic forecasting; Educational institutions; Game theory; Humans; Intelligent agent; Internet; Psychology; Software agents;
fLanguage
English
Publisher
ieee
Conference_Titel
System Sciences, 2002. HICSS. Proceedings of the 35th Annual Hawaii International Conference on
Print_ISBN
0-7695-1435-9
Type
conf
DOI
10.1109/HICSS.2002.994150
Filename
994150
Link To Document