Irrelevance of memory in the minority game

Details Irrelevance of memory in the minority game Irrelevance of memory in the minority game

1998-12-13

arxiv.org/abs/cond-mat/9812215v1

Phys. Rev. E, 59, R3783 (1999)

Physics

Condensed Matter

Statistical Mechanics

4 RevTeX pages, 4 figures

Scientific paper

10.1103/PhysRevE.59.R3783

By means of extensive numerical simulations we show that all the distinctive
features of the minority game introduced by Challet and Zhang (1997), are
completely independent from the memory of the agents. The only crucial
requirement is that all the individuals must posses the same information,
irrespective of the fact that this information is true or false.

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