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MS#115. Landscape Dynamics, Complex Dynamics, and Agent Based Models, 2004
- With Dan Friedman
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Journal of the Calcutta Mathematical Society,
3, nos. 1 & 2, 53-62, (2007)
- Subjects: Economics
- Written: November 14, 2004
- Abstract: Evolutionary game models normally have a finite set of strategies. Recently, evolutionary games with continuous
spaces of strategies have been introduced by Dan Friedman and Joel Yellin, under the name landscape dynamics. In one example
extensively studied by them, conspicuous consumption, a simple (gradient) dynamical system is introduced on the strategy space. In
this article, we translate a landscape dynamic system into a complex dynamical system, and then into an agent based model. The
conspicuous consumption model of Friedman and Yellin is realized as an agent based model in NetLogo to illustrate the concepts of
this new modeling strategy.
- [PDF] 220 KB
Last revised
by Ralph Abraham
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