EconPapers    
Economics at your fingertips  
 

A Model of Individual Adaptive Behavior in a Fluctuating Environment

Lev A Zhivotovsky, Aviv Bergman and Marcus W. Feldman

Working Papers from Santa Fe Institute

Abstract: Individual behavioral strategies that use conditional probabiltites for future environments and information about past environments are studied. The environments are random and Markovian. The individual uses the information available to it to prepare for the next environmental state in order to increase its fitness. The fitness depends on the discrepancy between the realized environment and that for which the individual is prepared. Additive and multiplicative combinations of the fitnesses accruing to the individual at each environmenal epoch are studied. A semi-optimal strategy is found, which maximizes individual fitness given the depth of information about the environment available to the individual. Randomly varying fitnesses and errors in the individual's perception of the environmental parameters may be included in the model.

Date: 1994-02
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:wop:safiwp:94-02-004

Access Statistics for this paper

More papers in Working Papers from Santa Fe Institute Contact information at EDIRC.
Bibliographic data for series maintained by Thomas Krichel ().

 
Page updated 2025-03-22
Handle: RePEc:wop:safiwp:94-02-004