• DocumentCode
    496290
  • 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
  • Volume
    1
  • fYear
    2009
  • fDate
    24-26 April 2009
  • Firstpage
    351
  • Lastpage
    354
  • 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;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Computational Sciences and Optimization, 2009. CSO 2009. International Joint Conference on
  • Conference_Location
    Sanya, Hainan
  • Print_ISBN
    978-0-7695-3605-7
  • Type

    conf

  • DOI
    10.1109/CSO.2009.30
  • Filename
    5193711