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We study the dynamics of the batch minority game, with random external information, using generating functional techniques a la De Dominicis. The relevant control parameter in this model is the ratio $\alpha=p/N$ of the number $p$ of…

无序系统与神经网络 · 物理学 2009-10-31 J. A. F. Heimel , A. C. C. Coolen

A brief review is given of the minority game, an idealized model of a market of speculative agents, and its complex many-body behaviour. Particular consideration is given to the consequences and implications of correlations between…

无序系统与神经网络 · 物理学 2009-11-10 David Sherrington , Tobias Galla

It is shown how the generating functional method of De Dominicis can be used to solve the dynamics of the original version of the minority game (MG), in which agents observe real as opposed to fake market histories. Here one again finds…

无序系统与神经网络 · 物理学 2009-11-10 A. C. C. Coolen

In this paper we present results and analyses of a class of games in which heterogeneous agents are rewarded for being in a minority group. Each agent possesses a number of fixed strategies each of which are predictors of the next minority…

adap-org · 物理学 2007-05-23 Radu Manuca , Yi Li , Rick Riolo , Robert Savit

The Minority Game framework was recently generalized to account for the possibility that agents adapt not only through strategy selection but also by diversifying their response according to the kind of dynamical regime, or the risk, they…

无序系统与神经网络 · 物理学 2009-11-11 A. Tedeschi , A. De Martino , I. Giardina

Both the phenomenology and the theory of minority games (MG) with more than two strategies per agent are different from those of the conventional and extensively studied case S=2. MGs with $S>2$ exhibit nontrivial statistics of the…

无序系统与神经网络 · 物理学 2009-11-11 N. Shayeghi , A. C. C. Coolen

Perfect synchronicity in $N$-player games is a useful theoretical dream, but communication delays are inevitable and may result in asynchronous interactions. Some systems such as financial markets are asynchronous by design, and yet most…

物理与社会 · 物理学 2015-05-13 Giancarlo Mosetti , Damien Challet , Sorin Solomon

The existence of a phase transition with diverging susceptibility in batch Minority Games (MGs) is the mark of informationally efficient regimes and is linked to the specifics of the agents' learning rules. Here we study how the standard…

物理与社会 · 物理学 2009-11-13 Tobias Galla , Andrea De Martino

We study the dynamics and statics of a dilute batch minority game with random external information. We focus on the case in which the number of connections per agent is infinite in the thermodynamic limit. The dynamical scenario of…

无序系统与神经网络 · 物理学 2009-11-10 Tobias Galla

Adaptive populations such as those in financial markets and distributed control can be modeled by the Minority Game. We consider how their dynamics depends on the agents' initial preferences of strategies, when the agents use linear or…

统计金融 · 定量金融 2009-11-13 H. M. Yang , Y. S. Ting , K. Y. Michael Wong

We discuss a simple version of the Minority Game (MG) in which agents hold only one strategy each, but in which their capitals evolve dynamically according to their success and in which the total trading volume varies in time accordingly.…

物理与社会 · 物理学 2015-05-13 Tobias Galla , Yi-Cheng Zhang

The dynamics of minority games with agents trading on different time scales is studied via dynamical mean-field theory. We analyze the case where the agents' decision-making process is deterministic and its stochastic generalization with…

无序系统与神经网络 · 物理学 2009-11-10 Andrea De Martino

We use generating functional methods to solve the so-called inner product versions of the minority game (MG), with fake and/or real market histories, by generalizing the theory developed recently for look-up table MGs with real histories.…

物理与社会 · 物理学 2009-11-13 A. C. C. Coolen , N. Shayeghi

We consider a class of games that are generalizations of the minority game, in that the demand and supply of the resource are specified independently. This allows us to study systems in which agents compete for a resource under different…

适应与自组织系统 · 物理学 2007-05-23 Robert Savit , Sven A. Brueckner , H. Van Dyke Parunak , John Sauter

We consider a class of games that are generalizations of the minority game, in that the demand and supply of the resource are specified independently. This allows us to study systems in which agents compete under different demand loads.…

适应与自组织系统 · 物理学 2009-11-07 R. Savit , S. A. Brueckner , H. V. D. Parunak , J. Sauter

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)…

无序系统与神经网络 · 物理学 2009-11-11 Tobias Galla , David Sherrington

Minority games where groups of agents remember, react or incorporate information with different timescales are investigated. We study how their respective gains depend on their timescales for standard models and games with no public…

物理与社会 · 物理学 2009-11-11 Giancarlo Mosetti , Damien Challet , Yi-Cheng Zhang

In this paper I give a brief introduction to a family of simple but non-trivial models designed to increase our understanding of collective processes in markets, the so-called Minority Games, and their non-equilibrium statistical…

无序系统与神经网络 · 物理学 2008-12-02 A. C. C. Coolen

The theory of learning in games has extensively studied situations where agents respond dynamically to each other by optimizing a fixed utility function. However, in real situations, the strategic environment varies as a result of past…

计算机科学与博弈论 · 计算机科学 2022-07-15 Brandon C. Collins , Shouhuai Xu , Philip N. Brown

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…

凝聚态物理 · 物理学 2007-05-23 K. Y. Michael Wong , S. W. Lim , Zhuo Gao
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