The Analysis of the Behavior Noise Cognition Based on Evolution Game Theory

摘要

Evolutionary game theory is a realistic game theory based on bounded rationality, which not only goes beyond the limit assumption of classic game theory but develops into a high level as well. Noisy cognition is a special phenomenon which covers the operation mode and behavioral characteristics of the market by applying scientific definition. Evolutionary game theory is applied to study cognition behavior of construction engineering management investors on the basis of analyzing their replication dynamics. It is concluded that rational investors cannot expel noisy cognition from the market.