Title :
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
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;
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
DOI :
10.1109/ICCIT.2009.229
