Kolkata Paise Restaurant Problem in Some Uniform Learning Strategy Limits
Abstract
We study the dynamics of some uniform learning strategy limits or a probabilistic version of the "Kolkata Paise Restaurant" problem, where N agents choose among N equally priced but differently ranked restaurants every evening such that each agent can get dinner in the best possible ranked restaurant (each serving only one customer and the rest arriving there going without dinner that evening). We consider the learning to be uniform among the agents and assume that each follow the same probabilistic strategy dependent on the information of the past successes in the game. The numerical results for utilization of the restaurants in some limiting cases are analytically examined.
Cite
@article{arxiv.0905.3267,
title = {Kolkata Paise Restaurant Problem in Some Uniform Learning Strategy Limits},
author = {Asim Ghosh and Anindya Sundar Chakrabarti and Bikas K. Chakrabarti},
journal= {arXiv preprint arXiv:0905.3267},
year = {2009}
}
Comments
to be published in "Econophysics & Economics of Games, Social Choices & Quantitative Techniques", Proc. Econophys-Kolkata IV, Springer, Milan (2009)