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Related papers: Multichoice Minority Game: Dynamics and Global Coo…

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A simple model for cooperation between "selfish" agents, which play an extended version of the Prisoner's Dilemma(PD) game, in which they use arbitrary payoffs, is presented and studied. A continuous variable, representing the probability…

Condensed Matter · Physics 2009-11-10 H. Fort

We study evolutionary game dynamics in a well-mixed populations of finite size, N. A well-mixed population means that any two individuals are equally likely to interact. In particular we consider the average abundances of two strategies, A…

Populations and Evolution · Quantitative Biology 2009-02-24 Tibor Antal , Martin A. Nowak , Arne Traulsen

We study the evolution of two mutually interacting games with both pairwise games as well as the public goods game on different topologies. On 2d square lattices, we reveal that the game-game interaction can promote the cooperation…

Physics and Society · Physics 2022-05-06 Rizhou Liang , Qinqin Wang , Jiqiang Zhang , Guozhong Zheng , Lin Ma , Li Chen

Most of previous studies concerning the Public Goods Game assume either participation is unconditional or the number of actual participants in a competitive group changes over time. How the fixed group size, prescribed by social…

Physics and Society · Physics 2015-05-13 Te Wu , Feng Fu , Long Wang

Using generating functional and replica techniques, respectively, we study the dynamics and statics of a spherical Minority Game (MG), which in contrast with a spherical MG previously presented in J.Phys A: Math. Gen. 36 11159 (2003)…

Disordered Systems and Neural Networks · Physics 2009-11-11 Tobias Galla , David Sherrington

We use the Minority Game as a testing frame for the problem of the emergence of diversity in socio-economic systems. For the MG with heterogeneous impacts, we show that the direct generalization of the usual agents' profit does not fit some…

Trading and Market Microstructure · Quantitative Finance 2014-01-20 Miroslav Pištěk , Frantisek Slanina

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

We propose and study an evolutionary minority game (EMG) in which the agents are allowed to choose among three possible options. Unlike the original EMG where the agents either win or lose one unit of wealth, the present model assigns one…

Statistical Mechanics · Physics 2007-05-23 Hong-Jun Quan , P. M. Hui , C. Xu , K. F Yip

Consider the scenario where an infinite number of players (i.e., the \textit{thermodynamic} limit) find themselves in a Prisoner's dilemma type situation, in a \textit{repeated} setting. Is it reasonable to anticipate that, in these…

Statistical Mechanics · Physics 2024-07-23 Rajdeep Tah , Colin Benjamin

The Minority Game (MG), the Majority Game (MAJG) and the Dollar Game ($G) are important and closely-related versions of market-entry games designed to model different features of real-world financial markets. In a variant of these games,…

Adaptation and Self-Organizing Systems · Physics 2008-05-06 J. B. Satinover , D. Sornette

We explore the minimal conditions for sustainable cooperation on a spatially distributed population of memoryless, unconditional strategies (cooperators and defectors) in presence of unbiased, non contingent mobility in the context of the…

Populations and Evolution · Quantitative Biology 2007-05-23 Mendeli H. Vainstein , Ana Tereza Costa Silva , Jeferson J. Arenzon

We show that a simple evolutionary scheme, when applied to the minority game (MG), changes the phase structure of the game. In this scheme each agent evolves individually whenever his wealth reaches the specified bankruptcy level, in…

Statistical Mechanics · Physics 2009-11-10 Baosheng Yuan , Kan Chen

Cooperation among self-interested players in a social dilemma is fragile and easily interrupted by mistakes. In this work, we study the repeated $n$-person public-goods game and search for a strategy that forms a cooperative Nash…

Populations and Evolution · Quantitative Biology 2018-04-20 Yohsuke Murase , Seung Ki Baek

Traveler's dilemma (TD) is one of social dilemmas which has been well studied in the economics community, but it is attracted little attention in the physics community. The TD game is a two-person game. Each player can select an integer…

Physics and Society · Physics 2015-06-11 Rong-Hua Li , Jeffrey Xu Yu , Jiyuan Lin

We study the effects of mobility on the evolution of cooperation among mobile players, which imitate collective motion of biological flocks and interact with neighbors within a prescribed radius $R$. Adopting the prisoner's dilemma game and…

Physics and Society · Physics 2011-02-22 Zhuo Chen , Jian-Xi Gao , Yun-Ze Cai , Xiao-Ming Xu

We consider interactions between players in groups of size $d\geq2$ with payoffs that not only depend on the strategies used in the group but also fluctuate at random over time. An individual can adopt either cooperation or defection as…

Populations and Evolution · Quantitative Biology 2022-02-25 Dhaker Kroumi , Sabin Lessard

Minority game is a simple-mined econophysical model capturing the cooperative behavior among selfish players. Previous investigations, which were based on numerical simulations up to about 100 players for a certain parameter $\alpha$ in the…

Statistical Mechanics · Physics 2009-11-10 K. H. Ho , W. C. Man , F. K. Chow , H. F. Chau

The Optional Public Goods Game is a three-strategy game in which an individual can play as a cooperator or defector or decide not to participate. Despite its simplicity, this model can effectively represent many human social dilemmas, such…

The very notion of social network implies that linked individuals interact repeatedly with each other. This allows them not only to learn successful strategies and adapt to them, but also to condition their own behavior on the behavior of…

Physics and Society · Physics 2015-05-27 Luca Dall'Asta , Matteo Marsili , Paolo Pin

This research investigates the impact of dynamic, time-varying interactions on cooperative behaviour in social dilemmas. Traditional research has focused on deterministic rules governing pairwise interactions, yet the impact of interaction…

Physics and Society · Physics 2024-08-20 Yujie He , Tianyu Ren , Xiao-Jun Zeng , Huawen Liang , Liukai Yu , Junjun Zheng