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A C++ Platform for the Evolution of Trade Networks

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  • McFadzean, David
  • Tesfatsion, Leigh

Abstract

This paper presents a general C++ platform for the implementation of a trade network game (TNG) that combines evolutionary game play with preferential partner selection. In the TNG, successive generations of resource constrained traders choose and refuse trade partners on the basis of continually updated expected payoffs^ engage in risky trades modeled as two-person games, and evolve-their trade strategies-over time...

Suggested Citation

  • McFadzean, David & Tesfatsion, Leigh, 1996. "A C++ Platform for the Evolution of Trade Networks," ISU General Staff Papers 199612010800001037, Iowa State University, Department of Economics.
    • Handle: RePEc:isu:genstf:199612010800001037
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    JEL classification:

    • C6 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling
    • D - Microeconomics
    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior

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