Publication: Disassortative mixing of boundedly-rational players in socio-ecological systems
DOI
Type:
Article
Date
2022-03-25
Journal Title
Journal ISSN
Volume Title
Publisher
researchgate.net
Abstract
Bounded rationality refers to the non-optimal rationality of players in non-cooperative games. In
a networked game, the bounded rationality of players may be heterogeneous and spatially distributed. It has
been shown that the ‘system rationality’, which indicates the overall rationality of a network of players, may
play a key role in the emergence of scale-free or core-periphery topologies in real-world networks. On the other
hand, scalar-assortativity is a metric used to quantify the assortative mixing of nodes with respect to a given
scalar attribute. In this work, we observe the effect of node rationality-based scalar-assortativity, on the system
rationality of a network. Based on simulation results, we show that irrespective of the placement of nodes with
higher rationality, it is the disassortative mixing of node rationality that helps to maximize system rationality
in a population. The findings may have useful interpretations and applications in socio-economic systems in
maximizing the utility of interactions in a population of strategic players
Description
Keywords
Bounded rationality, Assortativity, Evolutionary games, Network science
Citation
atnayake, Prasan & Kasthurirathna, Dharshana & Piraveenan, Mahendra. (2022). Disassortative mixing of bounded rationality in socio-ecological systems.
