English

Multi-Agent Complex Systems and Many-Body Physics

Physics and Society 2009-11-11 v1 Strongly Correlated Electrons

Abstract

Multi-agent complex systems comprising populations of decision-making particles, have many potential applications across the biological, informational and social sciences. We show that the time-averaged dynamics in such systems bear a striking resemblance to conventional many-body physics. For the specific example of the Minority Game, this analogy enables us to obtain analytic expressions which are in excellent agreement with numerical simulations.

Keywords

Cite

@article{arxiv.physics/0604121,
  title  = {Multi-Agent Complex Systems and Many-Body Physics},
  author = {Neil F. Johnson and David M. D. Smith and Pak Ming Hui},
  journal= {arXiv preprint arXiv:physics/0604121},
  year   = {2009}
}

Comments

Accepted for publication in Europhysics Letters