Bounded rational agents playing a public goods game.
Sign Up to like & getrecommendations! Published in 2022 at "Physical review. E"
DOI: 10.1103/physreve.105.024114
Abstract: An agent-based model for human behavior in the well-known public goods game (PGG) is developed making use of bounded rationality, but without invoking mechanisms of learning. The underlying Markov decision process is driven by a… read more here.
Keywords: rational agents; public goods; goods game; bounded rational ... See more keywords
Dynamic Control of Agents Playing Aggregative Games With Coupling Constraints
Sign Up to like & getrecommendations! Published in 2017 at "IEEE Transactions on Automatic Control"
DOI: 10.1109/tac.2017.2672902
Abstract: We address the problem to control a population of noncooperative heterogeneous agents, each with convex cost function depending on the average population state, and all sharing a convex constraint, toward an aggregative equilibrium. We assume… read more here.
Keywords: dynamic control; playing aggregative; control agents; control ... See more keywords