Crowd-anticrowd model of the Minority Game

2000/03/30 by M. Hart, P. Jefferies, Hart, M. +5
Physics and Astronomy · #Adaptation and Self-Organizing Systems (nlin.AO) #Condensed Matter (cond-mat) #FOS: Physical sciences #cond-mat #nlin.AO

paper · pdf · doi:10.48550/arxiv.cond-mat/0003486

Revtex file + 5 postscript figures

arxiv created 2000/03/30 · arxiv updated 2009/11/30

Abstract

We provide a theoretical description of the Minority Game in terms of crowd effects. The size of the fluctuations arising in the game is controlled by the interplay between crowds of like-minded agents and their anti-correlated partners (anticrowds). The theoretical results are in good agreement with the numerical simulations over the entire parameter range of interest.

Related

• Crowd-Anticrowd Theory of Multi-Agent Minority Games
• Decision Making, Strategy dynamics, and Crowd Formation in Agent-based models of Competing Populations
• Crowd-Anticrowd Theory of Collective Dynamics in Competitive,\n Multi-Agent Populations and Networks
• Stochastic strategies in the Minority Game
• The underlying complex network of the Minority Game