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Decision making on fitness landscapes

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  • Arthur, R.
  • Sibani, P.

Abstract

We discuss fitness landscapes and how they can be modified to account for co-evolution. We are interested in using the landscape as a way to model rational decision making in a toy economic system. We develop a model very similar to the Tangled Nature Model of Christensen et al. that we call the Tangled Decision Model. This is a natural setting for our discussion of co-evolutionary fitness landscapes. We use a Monte Carlo step to simulate decision making and investigate two different decision making procedures.

Suggested Citation

  • Arthur, R. & Sibani, P., 2017. "Decision making on fitness landscapes," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 471(C), pages 696-704.
    • Handle: RePEc:eee:phsmap:v:471:y:2017:i:c:p:696-704
    DOI: 10.1016/j.physa.2016.12.068
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