Crowd effects in competitive, multi-agent populations and networks

Neil F Johnson, Sehyo C. Choe, Sean Gourley, Timothy Jarrett, Pak Ming Hui

Research output: Chapter in Book/Report/Conference proceedingConference contribution

2 Citations (Scopus)

Abstract

We discuss a crowd-based theory for describing the collective dynamical behavior of a population of competitive agents in a model market setting. This Crowd-Anticrowd theory, which incorporates the strong correlations between agents' strategies, provides a quantitative description of the fluctuations in the excess demand of this model.

Original languageEnglish (US)
Title of host publicationLecture Notes in Economics and Mathematical Systems
Pages55-70
Number of pages16
Volume550
DOIs
StatePublished - 2005
Externally publishedYes

Publication series

NameLecture Notes in Economics and Mathematical Systems
Volume550
ISSN (Print)00758442

Fingerprint

Collective Behavior
Market Model
Dynamical Behavior
Excess
Fluctuations
Model
Strategy
Demand
Market model
Excess demand

ASJC Scopus subject areas

  • Mathematics (miscellaneous)
  • Economics, Econometrics and Finance (miscellaneous)

Cite this

Johnson, N. F., Choe, S. C., Gourley, S., Jarrett, T., & Hui, P. M. (2005). Crowd effects in competitive, multi-agent populations and networks. In Lecture Notes in Economics and Mathematical Systems (Vol. 550, pp. 55-70). (Lecture Notes in Economics and Mathematical Systems; Vol. 550). https://doi.org/10.1007/3-540-27296-8_5

Crowd effects in competitive, multi-agent populations and networks. / Johnson, Neil F; Choe, Sehyo C.; Gourley, Sean; Jarrett, Timothy; Hui, Pak Ming.

Lecture Notes in Economics and Mathematical Systems. Vol. 550 2005. p. 55-70 (Lecture Notes in Economics and Mathematical Systems; Vol. 550).

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Johnson, NF, Choe, SC, Gourley, S, Jarrett, T & Hui, PM 2005, Crowd effects in competitive, multi-agent populations and networks. in Lecture Notes in Economics and Mathematical Systems. vol. 550, Lecture Notes in Economics and Mathematical Systems, vol. 550, pp. 55-70. https://doi.org/10.1007/3-540-27296-8_5
Johnson NF, Choe SC, Gourley S, Jarrett T, Hui PM. Crowd effects in competitive, multi-agent populations and networks. In Lecture Notes in Economics and Mathematical Systems. Vol. 550. 2005. p. 55-70. (Lecture Notes in Economics and Mathematical Systems). https://doi.org/10.1007/3-540-27296-8_5
Johnson, Neil F ; Choe, Sehyo C. ; Gourley, Sean ; Jarrett, Timothy ; Hui, Pak Ming. / Crowd effects in competitive, multi-agent populations and networks. Lecture Notes in Economics and Mathematical Systems. Vol. 550 2005. pp. 55-70 (Lecture Notes in Economics and Mathematical Systems).
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