dorsal/arxiv
View SchemaMultiplpe Choice Minority Game With Different Publicly Known Histories
| Authors | H. F. Chau, F. K. Chow, K. H. Ho, W. C. Man |
|---|---|
| Categories | |
| ArXiv ID | physics/0504134 |
| URL | https://arxiv.org/abs/physics/0504134 |
| DOI | 10.1088/1367-2630/7/1/206 |
Abstract
In the standard Minority Game, players use historical minority choices as the sole public information to pick one out of the two alternatives. However, publishing historical minority choices is not the only way to present global system information to players when more than two alternatives are available. Thus, it is instructive to study the dynamics and cooperative behaviors of this extended game as a function of the global information provided. We numerically find that although the system dynamics depends on the kind of public information given to the players, the degree of cooperation follows the same trend as that of the standard Minority Game. We also explain most of our findings by the crowd-anticrowd theory.
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"abstract": "In the standard Minority Game, players use historical minority choices as the\nsole public information to pick one out of the two alternatives. However,\npublishing historical minority choices is not the only way to present global\nsystem information to players when more than two alternatives are available.\nThus, it is instructive to study the dynamics and cooperative behaviors of this\nextended game as a function of the global information provided. We numerically\nfind that although the system dynamics depends on the kind of public\ninformation given to the players, the degree of cooperation follows the same\ntrend as that of the standard Minority Game. We also explain most of our\nfindings by the crowd-anticrowd theory.",
"arxiv_id": "physics/0504134",
"authors": [
"H. F. Chau",
"F. K. Chow",
"K. H. Ho",
"W. C. Man"
],
"categories": [
"physics.soc-ph",
"cond-mat.stat-mech"
],
"doi": "10.1088/1367-2630/7/1/206",
"title": "Multiplpe Choice Minority Game With Different Publicly Known Histories",
"url": "https://arxiv.org/abs/physics/0504134"
},
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