Dynamics of Individual Specialization and Global Diversification in Communities
| dc.creator | Borkar, Vivek S. | |
| dc.creator | Jain, Sanjay | |
| dc.creator | Rangarajan, Govindan | |
| dc.date | 1998-04-30 | |
| dc.date.accessioned | 2026-07-07T01:50:57Z | |
| dc.date.available | 2026-07-07T01:50:57Z | |
| dc.description | We discuss a model of an economic community consisting of $N$ interacting agents. The state of each agent at any time is characterized, in general, by a mixed strategy profile drawn from a space of $s$ pure strategies. The community evolves as agents update their strategy profiles in response to payoffs received from other agents. The evolution equation is a generalization of the replicator equation. We argue that when $N$ is sufficiently large and the payoff matrix elements satisfy suitable inequalities, the community evolves to retain the full diversity of available strategies even as individual agents specialize to pure strategies. | |
| dc.description | 13 pages, Latex | |
| dc.identifier | https://arxiv.org/abs/adap-org/9804004 | |
| dc.identifier | http://arxiv.org/abs/adap-org/9804004 | |
| dc.identifier | Complexity, Vol. 3, No. 3, 50-56 (1998) | |
| dc.identifier.uri | http://salesiana.dossiersoluciones.com/handle/123456789/169 | |
| dc.subject | Adaptation and Self-Organizing Systems | |
| dc.subject | Condensed Matter | |
| dc.title | Dynamics of Individual Specialization and Global Diversification in Communities | |
| dc.type | text |