Crowd-anticrowd model of the Minority Game

Details Crowd-anticrowd model of the Minority Game Crowd-anticrowd model of the Minority Game

2000-03-30

arxiv.org/abs/cond-mat/0003486v1

Physics

Condensed Matter

Revtex file + 5 postscript figures

Scientific paper

We provide a theoretical description of the Minority Game in terms of crowd
effects. The size of the fluctuations arising in the game is controlled by the
interplay between crowds of like-minded agents and their anti-correlated
partners (anticrowds). The theoretical results are in good agreement with the
numerical simulations over the entire parameter range of interest.

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