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1 96/2 產經系 池秉聰 副教授 期刊論文 發佈 Lottery Markets Design, Micro-Structure, and Macro-Behavior: An ACE Approach , [96-2] :Lottery Markets Design, Micro-Structure, and Macro-Behavior: An ACE Approach期刊論文Lottery Markets Design, Micro-Structure, and Macro-Behavior: An ACE Approach池秉聰; Chen, Shu-heng淡江大學產業經濟學系Lottery;Agent-based computational modeling;Genetic algorithms;Sugeno fuzzy models;Laffer curveJournal of Economic Behavior and Organization 67, pp.463-480An agent-based computational modeling of the lottery market is established in this paper to study the design issue, in terms of the lottery tax rate, as well as the emerging market behavior. By using genetic algorithms and fuzzy logic, lottery participants are modeled as autonomous agents who may endogenously adapt to exhibit behavioral properties consistent with well-noticed behavior of lottery markets. Three major findings are presented. First, as anticipated, a Laffer curve is found in this model; nonetheless, the Laffer curve has a flat top, which indicates the non-uniqueness of the optimal lottery tax rate. Second, conscious selection behavior is a
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