Stender, J.: Many-Agent Simulation and Genetic Algorithms -- Adaptation Mechanisms in Economic Models, in: Hillebrand, E., Stender J. (Ed.): Many-Agent Simulation and Artificial Life, Amsterdam: IOS-Press, 1994.  Home/Search   Document Not in Database   Summary   Related Articles

....they perform. Instead of pairing, reproduction can then use a simple biological cleavage algorithm the parent agent may inherit some capital to a perfect clone (by means of attribute values) of itself. The use of Genetic Algorithms (GA) in economic MAS simulations is controversial [Hillebrand Stender 1994] since it lacks economic theory. In contrast to living beings, economic institutions and organizational units possess a theoretically unlimited lifetime and do usually not reproduce or generate offspring in a biological sense. In our simulation we use the following economical argumentation for ....

Stender, J.: Many-Agent Simulation and Genetic Algorithms -- Adaptation Mechanisms in Economic Models, in: Hillebrand, E., Stender J. (Ed.): Many-Agent Simulation and Artificial Life, Amsterdam: IOS-Press, 1994.

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