Phase Structures of Resource Allocation Games

Details Phase Structures of Resource Allocation Games Phase Structures of Resource Allocation Games

2003-02-24

arxiv.org/abs/nlin/0302053v1

Nonlinear Sciences

Adaptation and Self-Organizing Systems

10 pages, 5 figures, submitted to Physics Letters A

Scientific paper

We consider a class of games that are generalizations of the minority game, in that the demand and supply of the resource are specified independently. This allows us to study systems in which agents compete for a resource under different demand loads. Among other features, we find, using numerical simulations the existence of a robust phase change with a coexistence region as the demand load is varied, separating regions with nearly balanced supply and demand from regions of scarce or abundant resources. The coexistence region exists when the amount of information used by the agents to make their choices is greater than a critical value, which is related to the point at which there is a phase transition in the standard minority game.

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