English  |  正體中文  |  简体中文  |  Items with full text/Total items : 88295/117812 (75%)
Visitors : 23403415      Online Users : 23
RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
  • Adv. Search
    HomeLoginUploadHelpAboutAdminister Goto mobile version
    Please use this identifier to cite or link to this item: http://nccur.lib.nccu.edu.tw/handle/140.119/23302


    Title: Modeling the Expectations of Inflation in the OLG Model with Genetic Programming
    Authors: 陳樹衡;葉佳炫
    Chen,Shu-Heng;Yeh,Chia-Hsuan
    Contributors: 政大經濟系
    Keywords: Genetic programming;overlapping generations models;bounded rationality;agent-based computational economics;Pareto-superior equilibrium
    Date: 1999-09
    Issue Date: 2009-01-09 12:19:44 (UTC+8)
    Abstract: In this paper, genetic programming (GP) is employed to model learning and adaptation in the overlapping generations model, one of the most popular dynamic economic models. Using a model of inflation with multiple equilibria as an illustrative example, we show that our GP-based agents are able to coordinate their actions to achieve the Pareto-superior equilibrium (the low-inflation steady state) rather than the Pareto inferior equilibrium (the high-inflation steady
    state). We also test the robustness of this result with different initial conditions, economic parameters, GP control parameters, and the selection mechanism. We find that as long
    as the survival-of-the-fittest principle is maintained, the evolutionary operators are only secondarily important. However, once the survival-of-the-fittest principle is absent, the well-coordinated economy is also gone and the inflation rate can jump quite wildly. To some extent, these results shed light on the biological foundations of economics.
    Relation: Soft Computing,3(2),53-62
    Data Type: article
    DOI 連結: http://dx.doi.org/10.1007/s005000050053
    DOI: 10.1007/s005000050053
    Appears in Collections:[經濟學系] 期刊論文

    Files in This Item:

    File Description SizeFormat
    modeling.pdf277KbAdobe PDF916View/Open


    All items in 政大典藏 are protected by copyright, with all rights reserved.


    社群 sharing

    著作權政策宣告
    1.本網站之數位內容為國立政治大學所收錄之機構典藏,無償提供學術研究與公眾教育等公益性使用,惟仍請適度,合理使用本網站之內容,以尊重著作權人之權益。商業上之利用,則請先取得著作權人之授權。
    2.本網站之製作,已盡力防止侵害著作權人之權益,如仍發現本網站之數位內容有侵害著作權人權益情事者,請權利人通知本網站維護人員(nccur@nccu.edu.tw),維護人員將立即採取移除該數位著作等補救措施。
    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library IR team Copyright ©   - Feedback