Competition between adaptive agents: from learning to collective efficiency and back

Details Competition between adaptive agents: from learning to collective efficiency and back Competition between adaptive agents: from learning to collective efficiency and back

2002-10-15

arxiv.org/abs/cond-mat/0210319v2

Physics

Condensed Matter

17 pages

Scientific paper

We use the Minority Game and some of its variants to show how efficiency
depends on learning in models of agents competing for limited resources. Exact
results from statistical physics give a clear understanding of the
phenomenology, and opens the way to the study of reverse problems. What agents
can optimize and how well is discussed in details.

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