Dynamical Mechanisms in Multi-agent Systems: Minority Games

Details Dynamical Mechanisms in Multi-agent Systems: Minority Games Dynamical Mechanisms in Multi-agent Systems: Minority Games

2003-10-26

arxiv.org/abs/cond-mat/0310607v2

Physics

Condensed Matter

4 pages, 2 figures, added references

Scientific paper

We consider a version of large population games whose agents compete for resources using strategies with adaptable preferences. Diversity among the agents reduces their maladpative behavior. We find interesting scaling relations with diversity for the variance of decisions. When diversity increases, the scaling dynamics is modified by kinetic sampling and waiting mechanisms.

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