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
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;
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
DOI :
10.1109/ICCCYB.2006.305697