scholarly journals Study on the E-commerce Trust Based on Evolutionary Game Mechanism

Author(s):  
Wei Mingxia ◽  
Zheng Shuang

The evolutionary game model of E-commerce trust is established according to the behavior choice character of the online trader and supervisor. The replicator dynamic principle t is put forward and corresponding evolutionary differential equation is established; we put forward the conception of the evolution balance, requiring the evolutionary balance of the differential equation and condition and make an annotation of the evolutionary game mechanism of E-commerce trust.

2020 ◽  
Vol 2020 ◽  
pp. 1-15
Author(s):  
Xiaotong Xu ◽  
Gaocai Wang ◽  
Jintian Hu ◽  
Yuting Lu

In recent years, evolutionary game theory has been gradually applied to analyze and predict network attack and defense for maintaining cybersecurity. The traditional deterministic game model cannot accurately describe the process of actual network attack and defense due to changing in the set of attack-defense strategies and external factors (such as the operating environment of the system). In this paper, we construct a stochastic evolutionary game model by the stochastic differential equation with Markov property. The evolutionary equilibrium solution of the model is found and the stability of the model is proved according to the knowledge of the stochastic differential equation. And we apply the explicit Euler numerical method to analyze the evolution of the strategy selection of the players for different problem situations. The simulation results show that the stochastic evolutionary game model proposed in this paper can get a steady state and obtain the optimal defense strategy under the action of the stochastic disturbance factor. In addition, compared with other kinds of literature, we can conclude that the return on security investment of this model is better, and the strategy selection of the attackers and defenders in our model is more suitable for actual network attack and defense.


2021 ◽  
Vol 9 (3) ◽  
pp. 266-279
Author(s):  
Yukun Cheng ◽  
Zhiqi Xu ◽  
Shuangliang Yao

Abstract Bitcoin is the most famous and the most used cryptocurrency in the world, such that it has received extreme popularity in recent years. However the Bitcoin system is accompanied by different attacks, including the block withholding (BWH) attack. When a miner plays the BWH attack, it will withhold all the blocks newly discovered in the attack pool, damaging the honest miners’ right to obtain the fair reward. In this paper, we consider a setting in which two miners may honestly mine or perform the BWH attack in a mining pool. Different strategy profiles will bring different payoffs, in addition influence the selection of the strategies. Therefore, we establish an evolutionary game model to study the behavior tendency of the miners and the evolutionary stable strategies under different conditions, by formulating the replicator dynamic equations. Through numerical simulations, we further verify the theoretical results on evolutionary stable solutions and discuss the impact of the factors on miners’ strategic choice. Based on these simulation results, we also make some recommendations for the manager and the miners to mitigate the BWH attack and to promote the cooperation between miners in a mining pool.


2019 ◽  
Vol 2019 ◽  
pp. 1-17
Author(s):  
Zhu Bai ◽  
Mingxia Huang ◽  
Shuai Bian ◽  
Huandong Wu

The emergence of online car-hailing service provides an innovative approach to vehicle booking but has negatively influenced the taxi industry in China. This paper modeled taxi service mode choice based on evolutionary game theory (EGT). The modes included the dispatching and online car-hailing modes. We constructed an EGT framework, including determining the strategies and the payoff matrix. We introduced different behaviors, including taxi company management, driver operation, and passenger choice. This allowed us to model the impact of these behaviors on the evolving process of service mode choice. The results show that adjustments in taxi company, driver, and passenger behaviors impact the evolutionary path and convergence speed of our evolutionary game model. However, it also reveals that, regardless of adjustments, the stable states in the game model remain unchanged. The conclusion provides a basis for studying taxi system operation and management.


Author(s):  
Hua Li ◽  
Qingqing Lou ◽  
Qiubai Sun ◽  
Bowen Li

In order to solve the conflict of interests of institutional investors, this paper uses evolutionary game model. From the point of view of information sharing, this paper discusses four different situations. Only when the sum of risk and cost is less than the penalty of free riding, the evolution of institutional investors will eventually incline to the stable state of information sharing. That is, the phenomenon of hugging. The research shows that the institutional investors are not independent of each other, but the relationship network of institutional investors for the purpose of information exchange. The content of this paper enriches the research on information sharing of institutional investors.


2016 ◽  
Vol 2016 ◽  
pp. 1-19 ◽  
Author(s):  
Xiaohui Jia ◽  
Minghui Jiang ◽  
Lei Shi

From the perspective of the interactive cooperation among subjects, this paper portrays the process of cooperative innovation in industrial cluster, in order to capture the correlated equilibrium relationship among them. Through the utilization of two key tools, evolutionary stable strategy and replicator dynamics equations, this paper considers the cost and gains of cooperative innovation and the amount of government support as well as other factors to build and analyze a classic evolutionary game model. On this basis, the subject’s own adaptability is introduced, which is regarded as the system noise in the stochastic evolutionary game model so as to analyze the impact of adaptability on the game strategy selection. The results show that, in the first place, without considering subjects’ adaptability, their cooperation in industrial clusters depends on the cost and gains of innovative cooperation, the amount of government support, and some conditions that can promote cooperation, namely, game steady state. In the second place after the introduction of subjects’ adaptability, it will affect both game theory selection process and time, which means that the process becomes more complex, presents the nonlinear characteristics, and helps them to make faster decisions in their favor, but the final steady state remains unchanged.


2021 ◽  
Vol 2021 ◽  
pp. 1-13
Author(s):  
Haifeng Yao ◽  
Jiangyue Fu

Vigorous implementation of industrial poverty alleviation is the fundamental path and core power of poverty alleviation in impoverished areas. Enterprises and poor farmers are the main participants in industry poverty alleviation. Government supervision measures regulate their behaviors. This study investigates how to smoothly implement industry poverty alleviation projects considering government supervision. A game model is proposed based on the evolutionary game theory. It analyses the game processes between enterprises and poor farmers with and without government supervision based on the proposed model. It is shown that poverty alleviation projects will fail without government supervision given that the equilibrium point (0, 0) is the ultimate convergent point of the system but will possibly succeed with government supervision since the equilibrium points (0, 0) and (1, 1) are the ultimate convergent point of the system, where equilibrium point (1, 1) is our desired results. Different supervision modes have different effects on the game process. This study considers three supervision modes, namely, only reward mode, only penalty mode, and reward and penalty mode, and investigates the parameter design for the reward and penalty mode. The obtained results are helpful for the government to develop appropriate policies for the smooth implementation of industry poverty alleviation projects.


2021 ◽  
Vol 2021 ◽  
pp. 1-14
Author(s):  
Chengshuang Sun ◽  
Min Wang ◽  
Fengyong Zhai

As an effective way to reduce costs and increase efficiency of EPC projects, BIM technology has drawn a lot of attention in numerous countries. Existing studies have failed to reveal the BIM decision-making mechanisms of owners and general contractors in EPC projects in a dynamic method. This study investigates the underlying logic of the collaboration application of BIM by analyzing the dynamic behaviors of owners and general contractors based on evolutionary game model. The results show that the most effective suggestions to promote the BIM collaboration application in EPC projects are “increasing the proportion of BIM application initially strategies,” “increasing incremental revenue of BIM collaborative application,” “reducing costs of BIM collaboration application,” “avoiding excessive hitchhiking,” and “establishing reasonable reward and punishment mechanism.” On the basis of numerical simulation to illustrate the influence of the different initial strategies and parameters on the final decision in different situations, five solutions were proposed for the effective BIM collaboration application between owners and general contractors. This article can facilitate researchers pondering the dynamics of collaboration among stakeholders in projects, and it can also facilitate participants picking up proper strategies for improved collaboration.


2021 ◽  
Vol 2021 ◽  
pp. 1-14
Author(s):  
Zhiqi Xu ◽  
Yukun Cheng ◽  
Shuangliang Yao

Public health emergencies are more related to the safety and health of the public. For the management of the public health emergencies, all parties’ cooperation is the key to preventing and controlling the emergencies. Based on the assumption of bounded rationality, we formulate a tripartite evolutionary game model, involving the local government, the enterprises, and the public, for the public health emergency, e.g., COVID-19. The evolutionary stable strategies under different conditions of the tripartite evolutionary game are explored, and the effect from different factors on the decision-makings of participants for public health emergencies is also analyzed. Numerical analysis results show that formulating reasonable subsidy measures, encouraging the participation of the public, and enforcing the punishment to enterprises for their negative behaviors can prompt three parties to cooperate in fighting against the epidemic. Our work enriches an understanding of the governance for the public health emergency and provides theoretical support for the local government and related participants to make proper decisions in public health emergencies.


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