The Minority Game: an introductory guide

2004/02/26 by Esteban Moro, Moro, Esteban · 2 citations
Physics and Astronomy · #Disordered Systems and Neural Networks (cond-mat.dis-nn) #FOS: Physical sciences #Statistical Mechanics (cond-mat.stat-mech) #cond-mat.dis-nn #cond-mat.stat-mech

paper · pdf · doi:10.48550/arxiv.cond-mat/0402651

Review article to appear in ``Advances in Condensed Matter and Statistical Mechanics", ed. E. Korutcheva and R. Cuerno. To be published by Nova Science Publishers. 24 pages. 14 eps figures

arxiv created 2004/02/26 · arxiv updated 2009/12/01

Abstract

The Minority Game is a simple model for the collective behavior of agents in an idealized situation where they have to compete through adaptation for a finite resource. This review summarizes the statistical mechanics community efforts to clear up and understand the behavior of this model. Our emphasis is on trying to derive the underlying effective equations which govern the dynamics of the original Minority Game, and on making an interpretation of the results from the point of view of the statistical mechanics of disordered systems.

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