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Evolutionary minority game with heterogeneous strategy distribution | | T.S. Lo
; S.W. Lim
; P.M. Hui
; N.F. Johnson
; | | Date: |
8 Jun 2000 | | Journal: | Physica A 287, 313-320 (2000) | | Subject: | Condensed Matter; Adaptation and Self-Organizing Systems | cond-mat nlin.AO | | Affiliation: | Chinese University of Hong Kong) and N.F. Johnson (Oxford University | | Abstract: | We present detailed numerical results for a modified form of the so-called Minority Game, which provides a simplified model of a competitive market. Each agent has a limited set of strategies, and competes to be in a minority. An evolutionary rule for strategy modification is included to mimic simple learning. The results can be understood by considering crowd formation within the population. | | Source: | arXiv, cond-mat/0006122 | | Services: | Forum | Review | PDF | Favorites | |
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