• DocumentCode
    3263092
  • 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
  • Volume
    2
  • fYear
    2009
  • fDate
    6-7 June 2009
  • Firstpage
    355
  • Lastpage
    358
  • 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;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Computational Intelligence and Natural Computing, 2009. CINC '09. International Conference on
  • Conference_Location
    Wuhan
  • Print_ISBN
    978-0-7695-3645-3
  • Type

    conf

  • DOI
    10.1109/CINC.2009.118
  • Filename
    5230953