Game Analysis Of Agent System Rent-Seeking Based On Prospects Theory

The study of agent system rent-seeking is mostly from totally rational view, does not consider its limitations. The research and application of prospect theory is mostly focused on aspects of data analysis, risk decision-making, relatively few combined with game theory, which is still not used into the agent system rent-seeking. This paper will combine prospect theory and game theory, build game models to analyze agent system rent-seeking behavior, considering the limited human rationality and the irrational behavior under uncertainty risk, and provide reference for preventions of the agent system rent-seeking preventive.1. This paper combines the prospect theory with the game theory and builds a static game model, considering the impact of the prospect theory on the uncertain elements of the payoff function. According to the value function and the weighting function of prospect theory, this paper builds a revenue perception matrix and a tripartite game model with government, authority and agent unit, analyzes the model and discusses the countermeasures to prevent the agent system rent-seeking.2. This paper corrects the static game model, considering the impact of prospect theory on the overall earnings, builds a static game correction model. According to the value function and the weighting function of prospect theory, this paper builds a revenue perception matrix and a tripartite game model with government, authority and agent unit, analyzes the model and compares with the static game model results.3. This paper combines the prospect theory with the evolutionary game theory and builds a revenue perception matrix, considering the impact of the prospect theory on the uncertain elements of the payoff function. At the time, this paper considers the bounded rationality on the decision-making process, analyzes the game model using evolutionary game, and builds an evolutionary game model. According to the value function and the weighting function of prospect theory, this paper builds a revenue perception matrix and an evolutionary game model with supervisors and agents, analyzes the model and discusses the results of the evolutionary game model.4. According to the results of earlier studies, combined with the current status of agent system development and regulation, this paper discusses the preventive measures to agent system rent-seeking.