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dc.contributor.authorHodgson, G.
dc.contributor.authorKnudsen, T.
dc.date.accessioned2007-09-26T10:06:29Z
dc.date.available2007-09-26T10:06:29Z
dc.date.issued2004
dc.identifier.citationHodgson , G & Knudsen , T 2004 , ' The Complex Evolution of a Simple Traffic Convention: The Functions and Implications of Habit ' , Journal of Economic Behavior and Organization , vol. 54 , no. 1 , pp. 19-47 . https://doi.org/10.1016/j.jebo.2003.04.001
dc.identifier.issn0167-2681
dc.identifier.otherPURE: 82193
dc.identifier.otherPURE UUID: ea0decdd-9c81-4773-b632-1d0577f123d1
dc.identifier.otherdspace: 2299/668
dc.identifier.otherScopus: 1842733480
dc.identifier.urihttp://hdl.handle.net/2299/668
dc.descriptionOriginal article can be found at: http://www.sciencedirect.com/science/journal/01672681 Copyright Elsevier B.V.
dc.description.abstractThis paper explores the evolution of a simple traffic convention concerning the side of the road on which to drive. This agent-based simulation probes some of the deeper conceptual issues involved in the evolution of conventions, particularly the nature of rational decision-making and its possible reliance upon habit. The simulations show that the systemic convergence to a left/right convention is often improved or sustained by habit, alongside other “intelligent” and calculative attributes of agents. We show that habit formation is part of a possible mechanism of “reconstitutive downward causation” among agents where the preferences of each agent are partly malleable.en
dc.language.isoeng
dc.relation.ispartofJournal of Economic Behavior and Organization
dc.titleThe Complex Evolution of a Simple Traffic Convention: The Functions and Implications of Habiten
dc.contributor.institutionHertfordshire Business School
dc.description.statusPeer reviewed
rioxxterms.versionofrecordhttps://doi.org/10.1016/j.jebo.2003.04.001
rioxxterms.typeJournal Article/Review
herts.preservation.rarelyaccessedtrue


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