Multiplpe Choice Minority Game With Different Publicly Known Histories

Details Multiplpe Choice Minority Game With Different Publicly Known Histories Multiplpe Choice Minority Game With Different Publicly Known Histories

2005-04-20

arxiv.org/abs/physics/0504134v2

Physics

Physics and Society

Extensively revised, to appear in New J Phys, 7 pages with 4 figures

Scientific paper

10.1088/1367-2630/7/1/206

In the standard Minority Game, players use historical minority choices as the sole public information to pick one out of the two alternatives. However, publishing historical minority choices is not the only way to present global system information to players when more than two alternatives are available. Thus, it is instructive to study the dynamics and cooperative behaviors of this extended game as a function of the global information provided. We numerically find that although the system dynamics depends on the kind of public information given to the players, the degree of cooperation follows the same trend as that of the standard Minority Game. We also explain most of our findings by the crowd-anticrowd theory.

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