Multi-Agent Complex Systems and Many-Body Physics

Details Multi-Agent Complex Systems and Many-Body Physics Multi-Agent Complex Systems and Many-Body Physics

2006-04-16

arxiv.org/abs/physics/0604121v1

Physics

Physics and Society

Accepted for publication in Europhysics Letters

Scientific paper

10.1209/epl/i2005-10588-9

Multi-agent complex systems comprising populations of decision-making particles, have many potential applications across the biological, informational and social sciences. We show that the time-averaged dynamics in such systems bear a striking resemblance to conventional many-body physics. For the specific example of the Minority Game, this analogy enables us to obtain analytic expressions which are in excellent agreement with numerical simulations.

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