• DocumentCode
    3455634
  • Title

    Scale-Free Networks Emerge out of Micro-Mechanism in an Agent-based Computational Economic Model

  • Author

    Shi, Yongren ; Zhang, Jiang ; Gao, Liang ; Zhou, Chi

  • Author_Institution
    Dept. of Ind. Egineering, Huangzhong Univ. of Sci & Tech, Wuhan
  • fYear
    2006
  • fDate
    20-22 Aug. 2006
  • Firstpage
    1
  • Lastpage
    6
  • Abstract
    The scale-free network structures have been prominently investigated as models of many social and economical networks. However, the topology structures of these complex networks usually lack micro mechanism supporting. In this paper, we propose an agent-based computational economic system - artificial economy market (AEM), in which scale-free transaction networks emerge from local interactions between agents who have the capability of learning through transactions. With a CRA (classifier systems, rules, and actions) decision system, agent can adapt the environment more flexibly. Therefore, due to individual learning and adapting, scale-free transaction networks emerge automatically in our virtual market system. Furthermore, resource propagation takes place on a dynamic scale-free network, and some "pivotal nodes" which have a large number of links emerge in the propagation networks.
  • Keywords
    Internet; complex networks; electronic commerce; learning (artificial intelligence); multi-agent systems; pattern classification; transaction processing; AEM; CRA decision system; agent-based computational economic model; artificial economy market; complex network; dynamic scale-free transaction network; economical network; machine learning; micromechanism; resource propagation; social network; topology structure; virtual market system; Complex networks; Computational modeling; Computer industry; Computer networks; Environmental economics; IP networks; Industrial economics; Mathematical model; Network topology; Power generation economics;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Computational Cybernetics, 2006. ICCC 2006. IEEE International Conference on
  • Conference_Location
    Budapest
  • Print_ISBN
    1-4244-0071-6
  • Electronic_ISBN
    1-4244-0072-4
  • Type

    conf

  • DOI
    10.1109/ICCCYB.2006.305697
  • Filename
    4097658