Irreversibility of change in a model of boundedly rational agents exchanging goods and capital

被引：1
|
作者：
Tanaka, Takuma [1 ]
机构：
[1] Shiga Univ, Grad Sch Data Sci, 1-1-1 Banba, Hikone, Shiga 5228522, Japan
来源：
JOURNAL OF PHYSICS COMMUNICATIONS | 2020年 / 4卷 / 05期
关键词：
irreversibility; utility function; agent-based model;
D O I：
10.1088/2399-6528/ab8f00
中图分类号：
O4 [物理学];
学科分类号：
0702 ;
摘要：
This paper investigates the direction of change in a model of agents exchanging goods and capital. Agents have heterogeneous utility functions and are not perfectly rational but can refuse exchanges that decrease their own utility. In this model, an exchange is shown to always increase a quantity defined by the amount of production and the time preference of the agents.
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页数：5
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