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Related papers: Parallel Minority Game and it's application in mov…

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We study the parallel Minority Game, where a group of agents, each having two choices, try to independently decide on a strategy such that they stay on minority between their own two choices. However, there are multiple such groups of…

Physics and Society · Physics 2025-09-04 Ankith Reddy Vemula , Soumyajyoti Biswas

The Parallel Minority Game (PMG) refers to a set of Minority Games (MG), played in parallel, where each agent only has two choices to pick from, but each choice can host agents of many kind i.e., their other alternative can be from any…

Physics and Society · Physics 2026-05-07 Soumyajyoti Biswas , Jnanesh Yaramati , Kavya Bellamkonda , Krishna Rastogi , Devesh Chaudhary

The parallel minority game (PMG) extends the classical minority game to many choices, with each agent restricted to two predetermined alternatives. In this condition, minimizing the population variance across all choices is a complex…

Disordered Systems and Neural Networks · Physics 2026-05-22 Aryan Tyagi , Soumyaditya Das , Soumyajyoti Biswas , Anirban Chakraborti

We show that in a variant of the Minority Game problem, the agents can reach a state of maximum social efficiency, where the fluctuation between the two choices is minimum, by following a simple stochastic strategy. By imagining a social…

Physics and Society · Physics 2012-03-06 Soumyajyoti Biswas , Asim Ghosh , Arnab Chatterjee , Tapan Naskar , Bikas K. Chakrabarti

The Parallel Minority Game (PMG) is a synchronous adaptive multi-agent model that exhibits active-absorbing transitions characteristic of non-equilibrium statistical systems. We perform a comprehensive numerical study of the PMG under two…

Statistical Mechanics · Physics 2026-01-29 Aryan Tyagi , Soumyajyoti Biswas , Anirban Chakraborti

We show analytically how the fluctuations (i.e. standard deviation) in the Minority Game (MG) can decrease below the random coin-toss limit if the agents use more general, stochastic strategies. This suppression of the standard deviation…

Condensed Matter · Physics 2007-05-23 M. Hart , P. Jefferies , N. F. Johnson , P. M. Hui

We study a variation of the minority game. There are N agents. Each has to choose between one of two alternatives everyday, and there is reward to each member of the smaller group. The agents cannot communicate with each other, but try to…

Trading and Market Microstructure · Quantitative Finance 2015-05-27 Deepak Dhar , V. Sasidevan , Bikas K. Chakrabarti

We calculate the standard deviation of (N1-N0), the difference of the number of agents choosing between the two alternatives of the minority game. Our approach is based on two approximations: we use the whole set of possible strategies,…

Condensed Matter · Physics 2009-11-07 Ines Caridi , Horacio Ceva

We investigate the dynamics of the choice of an active strategy in the minority game. A history distribution is introduced as an analytical tool to study the asymmetry between the two choices offered to the agents. Its properties are…

adap-org · Physics 2009-10-31 R. D'Hulst , G. J. Rodgers

We introduce and study a model stemming from game theory for the spread of an epidemic throughout a given population. Each agent is allowed to choose an action whose value dictates to what extent they limit their social interactions, if at…

Probability · Mathematics 2023-03-20 Sayar Karmakar , Moumanti Podder , Souvik Roy , Soumyarup Sadhukhan

We consider a version of large population games whose agents compete for resources using strategies with adaptable preferences. Diversity among the agents reduces their maladpative behavior. We find interesting scaling relations with…

Condensed Matter · Physics 2007-05-23 K. Y. Michael Wong , S. W. Lim , Zhuo Gao

We investigate different versions of the minority game, a toy model for agents buying and selling a commodity. The Hamming distance between the strategies used by agents to take decisions is introduced as an analytical tool to determine…

adap-org · Physics 2009-10-31 R. D'hulst , G. J. Rodgers

In the original two-choice minority game (MG), selfish players cooperate with each other even though direct communication is not allowed. Moreover, there is a periodic dynamics in the MG whenever the strategy space size is much smaller than…

Statistical Mechanics · Physics 2007-05-23 F. K. Chow , H. F. Chau

We study the structure of the underlying network of connections in the Minority Game. There is not an explicit interaction among the agents, but they interact via global magnitudes of the model and mainly through their strategies. We define…

Physics and Society · Physics 2008-02-06 Ines Caridi , Horacio Ceva

The Minority Game is a simple model for the collective behavior of agents in an idealized situation where they have to compete through adaptation for a finite resource. This review summarizes the statistical mechanics community efforts to…

Disordered Systems and Neural Networks · Physics 2007-05-23 Esteban Moro

We study a version of the minority game in which one agent is allowed to join the game in a random fashion. It is shown that in the crowded regime, i.e., for small values of the memory size $m$ of the agents in the population, the agent…

Statistical Mechanics · Physics 2009-11-10 K. F. Yip , T. S. Lo , P. M. Hui , N. F. Johnson

The Minority Game (MG) is a basic multi-agent model representing a simplified and binary form of the bar attendance model of Arthur. The model has an informationally efficient phase in which the agents lack the capability of exploiting any…

Disordered Systems and Neural Networks · Physics 2007-05-23 K. P. Chan , Pak Ming Hui , Neil F. Johnson

We present a variant of the Minority Game in which players who where successful in the previous timestep stay with their decision, while the losers change their decision with a probability $p$. Analytical results for different regimes of…

Statistical Mechanics · Physics 2009-10-31 G. Reents , R. Metzler , W. Kinzel

Hypothesis Testing Minority Game (HMG) is a variant of the standard Minority Game (MG) that models the inertial behavior of agents in the market. In the earlier study of our group, we find that agents cooperate better in HMG than in the…

Physics and Society · Physics 2009-11-13 H. F. Chau , V. H. Chan , F. K. Chow

Minority game is a model of heterogeneous players who think inductively. In this game, each player chooses one out of two alternatives every turn and those who end up in the minority side wins. It is instructive to extend the minority game…

Statistical Mechanics · Physics 2007-05-23 F. K. Chow , H. F. Chau
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