Crowd-anticrowd model of the Minority Game
Condensed Matter
2007-05-23 v1 Adaptation and Self-Organizing Systems
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.
Cite
@article{arxiv.cond-mat/0003486,
title = {Crowd-anticrowd model of the Minority Game},
author = {M. Hart and P. Jefferies and N. F. Johnson and P. M. Hui},
journal= {arXiv preprint arXiv:cond-mat/0003486},
year = {2007}
}
Comments
Revtex file + 5 postscript figures