Nonlinear Sciences – Adaptation and Self-Organizing Systems
Scientific paper
1995-03-01
Nonlinear Sciences
Adaptation and Self-Organizing Systems
Uuencoded tar compressed (self unpacking) Postscript file (1.1MBytes) with 23 pages. Further information available at ftp://
Scientific paper
Large distributed multiagent systems are characterized by vast numbers of agents trying to gain access to limited resources in an unpredictable environment. Agents in these system continuously switch strategies in order to opportunistically find improvements in their utilities. We have analyzed the fluctuations around equilibrium that arise from strategy switching and discovered the existence of a new phenomenon. It consists of the appearance of sudden bursts of activity that punctuate the fixed point, and is due to an effective random walk consistent with overall stability. This clustered volatility is followed by relaxation to the fixed point but with different strategy mixes from the previous one. This phenomenon is quite general for systems in which agents explore strategies in search of local improvements.
Huberman Bernardo
Youssefmir Michael
No associations
LandOfFree
Clustered Volatility in Multiagent Dynamics does not yet have a rating. At this time, there are no reviews or comments for this scientific paper.
If you have personal experience with Clustered Volatility in Multiagent Dynamics, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Clustered Volatility in Multiagent Dynamics will most certainly appreciate the feedback.
Profile ID: LFWR-SCP-O-171927