Computer Generated Farmers: Information and Nash Equalibrium: Difference between revisions
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== Objective == | == Objective == | ||
We used computer gerated farmers to simulate a special economic system, in which each farmer had a limited number of friends who they could get information from to try to better their strategic outcome. | We used computer gerated farmers to simulate a special economic system, in which each farmer had a limited number of friends who they could get information from to try to better their strategic outcome. | ||
== Setup == | |||
We will generate 100 digital farmers, each having a production capacity of 1, choice of 2 crops to make (corn and rice), and a certain number of friends who they can retrieve production information from. We will call the amount of corn a farmer makes "alpha". Since each farmer has a production ca | |||
Revision as of 22:35, 11 April 2006
Objective
We used computer gerated farmers to simulate a special economic system, in which each farmer had a limited number of friends who they could get information from to try to better their strategic outcome.
Setup
We will generate 100 digital farmers, each having a production capacity of 1, choice of 2 crops to make (corn and rice), and a certain number of friends who they can retrieve production information from. We will call the amount of corn a farmer makes "alpha". Since each farmer has a production ca
