Self organization in a minority game: the role of memory and a probabilistic approach

Details Self organization in a minority game: the role of memory and a probabilistic approach Self organization in a minority game: the role of memory and a probabilistic approach

2000-03-10

arxiv.org/abs/cond-mat/0003179v1

Physica A284, 489 (2000)

Physics

Condensed Matter

9 pages and 4 figures

Scientific paper

10.1016/S0378-4371(00)00292-2

A minority game whose strategies are given by probabilities p, is replaced by a 'simplified' version that makes no use of memories at all. Numerical results show that the corresponding distribution functions are indistinguishable. A related approach, using a random walk formulation, allows us to identify the origin of correlations and self organization in the model, and to understand their disappearence for a different strategy's update rule, as pointed out in a previous work

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