Title :
Approximate Computation of Nash Equilibrium in Complex Simulated Economic System
Author :
Zhang, Minghong ; Wang, Bin ; Zou, Shan
Author_Institution :
Dept. of Public Econ., Xiamen Univ., Xiamen, China
Abstract :
In this article we simulate a complex economic system based on network economics, game theory and computer simulation technology. We develop a method to find approximate solution of Nash Equilibrium in the simulated economic system by tracing points of the optimal curve and thus estimate enterprisepsilas income in the neighborhood of Nash equilibrium.
Keywords :
approximation theory; econometrics; game theory; Nash equilibrium; approximate computation; complex simulated economic system; game theory; network economics; Computational intelligence; Computational modeling; Computer networks; Computer simulation; Costs; Databases; Game theory; Information systems; Nash equilibrium; Time measurement; Nash Equilibrium; computation; computer simulation;
Conference_Titel :
Computational Intelligence and Natural Computing, 2009. CINC '09. International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-0-7695-3645-3
DOI :
10.1109/CINC.2009.118
