Evolutionary minority game with heterogeneous strategy distribution

Details Evolutionary minority game with heterogeneous strategy distribution Evolutionary minority game with heterogeneous strategy distribution

2000-06-08

arxiv.org/abs/cond-mat/0006122v1

Physica A 287, 313-320 (2000)

Physics

Condensed Matter

Revtex file + 4 figures

Scientific paper

10.1016/S0378-4371(00)00444-1

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.

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