EconPapers    
Economics at your fingertips  
 

Effects of strategy switching and network topology on decision-making in multi-agent systems

Jianlei Zhang, Zimin Xu and Zengqiang Chen

International Journal of Systems Science, 2018, vol. 49, issue 9, 1934-1949

Abstract: To study why the altruistic cooperation can emerge and maintain among self-interested individuals, researchers across several disciplines have made contributions for the solutions of this fascinating problem. Among this, a most-often used framework to describe cooperative dilemma is the evolutionary game theory. In traditional settings, an ideal hypothesis that individuals can feasibly obtain related partners' pay-offs for strategy updating is often adopted. However, considering the impracticality in acquiring accurate pay-offs of referential objects at each round of interaction, we propose switching probability which is independent of pay-offs and denotes the willingness of any individual shifts to another strategy. Here we provide results for the evolutionary dynamics driven by the switching probability in a three-strategy game model, played by the fully connected populations. The findings inform the befitting design of switching probabilities which maximally promote cooperation. We also derive general results that characterise the interaction of the three strategies: coexistence of multiple strategies or domination by some strategy.

Date: 2018
References: Add references at CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://hdl.handle.net/10.1080/00207721.2018.1479469 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:tsysxx:v:49:y:2018:i:9:p:1934-1949

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/TSYS20

DOI: 10.1080/00207721.2018.1479469

Access Statistics for this article

International Journal of Systems Science is currently edited by Visakan Kadirkamanathan

More articles in International Journal of Systems Science from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().

 
Page updated 2025-03-20
Handle: RePEc:taf:tsysxx:v:49:y:2018:i:9:p:1934-1949