Titlebook: Learning in Economics; Analysis and Applica Thomas Riechmann Book 2001 Springer-Verlag Berlin Heidelberg 2001 Economic Genetic Algorithms.E

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Algorithms with Real Valued Codingr choice of private households. In the model, a population of households has to divide their income between the consumptions of three different consumption goods. The final goal of their decision is to achieve optimal utility.

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An Exemplary Introduction to Structure and Application of Genetic Algorithms in Economic Researcha little stylized. Nevertheless, the simplifications are intentionally introduced in favor of clarity of the main technical goal, the introduction into the basic techniques of modeling economic problems in form of a genetic algorithm.

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Methods for the General Analysis of Genetic Algorithms as Economic Learning Techniquesogram, recording the resulting data and analyzing and interpreting the data. All the results won from this work are inductive by nature. Even if the simulation is run very many times: The results do not allow for deductive conclusions, they are never true ., but only in a set of special circumstances.

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