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
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