Spontaneous segregation of adaptive agents in auctions

When a population of agents divides into subgroups, and subsequently interactions happen between largely fixed subgroups, we regard the population as segregated. The segregated state might confer benefits, e.g. a buyer who has a strong preference for a particular seller has shorter exploration time...

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Bibliographic Details
Main Author: Aloric, Aleksandra
Other Authors: Sollich, Peter Kurt ; Kuehn, Reimer
Published: King's College London (University of London) 2017
Subjects:
381
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.713109