Optimal Policymaking under Yardstick Vote: An Experimental Study
We develop a numerical model that simulates the evolution of a virtual population with an incentive and ability-based wage, capital yield from savings, social welfare system, and total income subject to taxation and political turnovers. Meta-heuristics, particle swarm optimization (PSO) in particula...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2022-05-01
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Series: | Games |
Subjects: | |
Online Access: | https://www.mdpi.com/2073-4336/13/3/42 |