• Title of article

    Minority game with arbitrary cutoffs

  • Author/Authors

    N. F. Johnson، نويسنده , , P. M. Hui، نويسنده , , Dafang Zheng، نويسنده , , C. W. Tai، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 1999
  • Pages
    10
  • From page
    493
  • To page
    502
  • Abstract
    We study a model of a competing population of N adaptive agents, with similar capabilities, repeatedly deciding whether to attend a bar with an arbitrary cutoff L. Decisions are based upon past outcomes. The agents are only told whether the actual attendance is above or below L. For L N/2, the game reproduces the main features of Challet and Zhangʹs minority game. As L is lowered, however, the mean attendances in different runs tend to divide into two groups. The corresponding standard deviations for these two groups are very different. This grouping effect results from the dynamical feedback governing the gameʹs time-evolution, and is not reproduced if the agents are fed a random history.
  • Journal title
    Physica A Statistical Mechanics and its Applications
  • Serial Year
    1999
  • Journal title
    Physica A Statistical Mechanics and its Applications
  • Record number

    866045