Which Currency Will Evolve?
Publish Year: 1401
نوع سند: مقاله ژورنالی
زبان: English
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JR_AMFA-7-4_001
تاریخ نمایه سازی: 13 شهریور 1401
Abstract:
In this paper, using Evolutionary Game Theory, we study the evolution of currency as an important and influential problem in the world economy by presenting three new models. In examining the evolution of two different currencies, we prove that if the parties chose either of the two currencies with a fixed probability, it will not have an impact on the evolutionary process of these currencies. Considering a new action based on either the possibility of using any two currencies or a preference between the two currencies, we illustrate their impact on the evolution-ary process of currencies. In fact, we examine the impact of different actions and strategies on the evolutionary process between the two types of currencies.
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Authors
Abbas Javadian
Faculty of Physics,Semnan University,,Semnan,Iran
elahe sorouri
Department of Mathematics, Semnan University, Semnan, Iran.
Madjid Eshaghi Gordji
Department of Mathematics, Semnan University,, Semnan, Iran.