The Analysis of the Behavior Noise Cognition Based on Evolution Game Theory

Author

Hongmei, Wen ; Aiyang, Dong

Author_Institution

Sch. of Finance, Harbin Univ. of Commerce, Harbin, China

fYear

2009

fDate

24-26 Nov. 2009

Firstpage

1383

Lastpage

1386

Abstract

Evolutionary game theory is a realistic game theory based on bounded rationality, which not only goes beyond the limit assumption of classic game theory but develops into a high level as well. Noisy cognition is a special phenomenon which covers the operation mode and behavioral characteristics of the market by applying scientific definition. Evolutionary game theory is applied to study cognition behavior of construction engineering management investors on the basis of analyzing their replication dynamics. It is concluded that rational investors cannot expel noisy cognition from the market.

Keywords

evolutionary computation; financial management; game theory; investment; behavior noise cognition; bounded rationality; cognition behavior; construction engineering management investors; evolutionary game theory; noisy cognition; rational investors; realistic game theory; replication dynamics; scientific definition; Business; Cognition; Finance; Forward contracts; Game theory; Information analysis; Information technology; Noise level; Research and development management; Signal to noise ratio; evolutionary game theory; noisy cognition; replication dynamics;

fLanguage

English

Publisher

ieee

Conference_Titel

Computer Sciences and Convergence Information Technology, 2009. ICCIT '09. Fourth International Conference on

Conference_Location

Seoul

Print_ISBN

978-1-4244-5244-6

Electronic_ISBN

978-0-7695-3896-9

Type

conf

DOI

10.1109/ICCIT.2009.229

Filename

5370469