A New Friedman’s Model for Evolutionary Game Problem

Nasir GANIKHODJAEV; Khaled FTAMEH; Pah Chin HEE

doi:https://doi.org/10.55549/epstem.1050159

Article Details

A New Friedman’s Model for Evolutionary Game Problem

Authors:

Nasir GANIKHODJAEV | Khaled FTAMEH | Pah Chin HEE

Main Topics:

Applied physics

Journal:

The Eurasia Proceedings of Science Technology Engineering and Mathematics 2021 Vol.14, pp.24-30

Document Type:

Article

Publication Date:

12/2021

Document Language:

English

Document ID (Org No.):

2000660288

DOI:

https://doi.org/10.55549/epstem.1050159

Abstract:

 

The term game in game theory means a problem, where some of the people or groups (players) share a set of rules and regulations that create the conditions and events that make up the beginning of the game. For instance, in the trade market, the buyers and sellers of some commodities interact in a random way. The reputation of sellers effects on increasing of selling. e.g., honest sellers are more attractive than cheaters for the buyers and the buyers can examine the products or unexamined. In this paper, a non-linear discrete dynamical system of Friedman model was considered. Also, we proposed a new model of interaction between these two populations (buyers and sellers). investigate its limit run behavior where we found the limit converges to a fixed point (0,0) i.e., the sellers will always cheat and the sellers will not examine according to Friedman’s model which is denoted by the fixed point (0.0).

Article Details

A New Friedman’s Model for Evolutionary Game Problem

Authors: Nasir GANIKHODJAEV | Khaled FTAMEH | Pah Chin HEE

Main Topics: Applied physics

Journal: The Eurasia Proceedings of Science Technology Engineering and Mathematics 2021 Vol.14, pp.24-30

Document Type: Article

Publication Date: 12/2021

Document Language: English

Document ID (Org No.): 2000660288

DOI: https://doi.org/10.55549/epstem.1050159

Issues

Authors:

Nasir GANIKHODJAEV | Khaled FTAMEH | Pah Chin HEE

Main Topics:

Applied physics

Journal:

The Eurasia Proceedings of Science Technology Engineering and Mathematics 2021 Vol.14, pp.24-30

Document Type:

Article

Publication Date:

12/2021

Document Language:

English

Document ID (Org No.):

2000660288

DOI:

https://doi.org/10.55549/epstem.1050159