TY - JOUR
T1 - An evolutionary game theoretic approach to multi-sector coordination and self-organization
AU - Santos, Fernando P.
AU - Encarnação, Sara
AU - Santos, Francisco C.
AU - Portugali, Juval
AU - Pacheco, Jorge M.
N1 - Publisher Copyright:
© 2016 by the authors.
PY - 2016/4/1
Y1 - 2016/4/1
N2 - Coordination games provide ubiquitous interaction paradigms to frame human behavioral features, such as information transmission, conventions and languages as well as socio-economic processes and institutions. By using a dynamical approach, such as Evolutionary Game Theory (EGT), one is able to follow, in detail, the self-organization process by which a population of individuals coordinates into a given behavior. Real socio-economic scenarios, however, often involve the interaction between multiple co-evolving sectors, with specific options of their own, that call for generalized and more sophisticated mathematical frameworks. In this paper, we explore a general EGT approach to deal with coordination dynamics in which individuals from multiple sectors interact. Starting from a two-sector, consumer/producer scenario, we investigate the effects of including a third co-evolving sector that we call public. We explore the changes in the self-organization process of all sectors, given the feedback that this new sector imparts on the other two.
AB - Coordination games provide ubiquitous interaction paradigms to frame human behavioral features, such as information transmission, conventions and languages as well as socio-economic processes and institutions. By using a dynamical approach, such as Evolutionary Game Theory (EGT), one is able to follow, in detail, the self-organization process by which a population of individuals coordinates into a given behavior. Real socio-economic scenarios, however, often involve the interaction between multiple co-evolving sectors, with specific options of their own, that call for generalized and more sophisticated mathematical frameworks. In this paper, we explore a general EGT approach to deal with coordination dynamics in which individuals from multiple sectors interact. Starting from a two-sector, consumer/producer scenario, we investigate the effects of including a third co-evolving sector that we call public. We explore the changes in the self-organization process of all sectors, given the feedback that this new sector imparts on the other two.
KW - Coordination games
KW - Evolutionary game theory
KW - Multiple sectors
KW - Social dynamics
UR - http://www.scopus.com/inward/record.url?scp=84964471120&partnerID=8YFLogxK
U2 - 10.3390/e18040152
DO - 10.3390/e18040152
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AN - SCOPUS:84964471120
SN - 1099-4300
VL - 18
JO - Entropy
JF - Entropy
IS - 4
M1 - 152
ER -