Evolutionary minority game with heterogeneous strategy distribution
Condensed Matter
2009-10-31 v1 Adaptation and Self-Organizing Systems
Abstract
We present detailed numerical results for a modified form of the so-called Minority Game, which provides a simplified model of a competitive market. Each agent has a limited set of strategies, and competes to be in a minority. An evolutionary rule for strategy modification is included to mimic simple learning. The results can be understood by considering crowd formation within the population.
Cite
@article{arxiv.cond-mat/0006122,
title = {Evolutionary minority game with heterogeneous strategy distribution},
author = {T. S. Lo and S. W. Lim and P. M. Hui and N. F. Johnson},
journal= {arXiv preprint arXiv:cond-mat/0006122},
year = {2009}
}
Comments
Revtex file + 4 figures