Title :
Self-Fulfillment of Expectation in a Country Fair Model
Author :
Deng, Jing ; Li, Honggang
Author_Institution :
Dept. of Syst. Sci., Beijing Normal Univ., Beijing, China
Abstract :
Inspired by the El Farol bar problem, this paper puts forward a country fair problem. Agents take different actions in the two problems: they prefer to stay at the minority side in the bar problem, while they prefer to stay at the majority side in this fair problem. These lead to different emergent phenomena under these two models: self destroying of expectation and self fulfillment of expectation. We have checked the long-time behaviour of the two models as indicated by the convergence of the mean attendance in different parameter setting. We find action strategy is indeed a crucial factor to determine the consistency of agents´ expectations.
Keywords :
game theory; inference mechanisms; large-scale systems; software agents; El Farol bar problem; country fair model; inductive reasoning; mean attendance convergence; self destroying of expectation; self fulfillment of expectation; Animals; Arithmetic; Computational modeling; Conference management; Convergence; Emergent phenomena; Mirrors; Physics computing; Predictive models; Solid modeling;
Conference_Titel :
Computational Sciences and Optimization, 2009. CSO 2009. International Joint Conference on
Conference_Location :
Sanya, Hainan
Print_ISBN :
978-0-7695-3605-7
DOI :
10.1109/CSO.2009.30