Enhanced winning in a competing population by random participation

K. F. Yip, T. S. Lo, P. M. Hui, N. F. Johnson

Research output: Contribution to journalArticle

6 Scopus citations

Abstract

A version of a minority game was studied in which one agent is allowed to join the game by random participation. The success rate of a number of randomly participating agents (RPA) in a population competing for limited resources was considered. It was shown that for small values of the memory size m of the agents in the population, the agent performs significantly well if she decides to participate the game randomly with a probability q. The results show that the winning edge of the agents persists for a finite fraction of randomly participating agents up to 60% of the population.

Original languageEnglish (US)
Article number046120
Pages (from-to)046120-1-046120-7
JournalPhysical Review E - Statistical, Nonlinear, and Soft Matter Physics
Volume69
Issue number4 2
StatePublished - Apr 1 2004

ASJC Scopus subject areas

  • Statistical and Nonlinear Physics
  • Statistics and Probability
  • Condensed Matter Physics

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    Yip, K. F., Lo, T. S., Hui, P. M., & Johnson, N. F. (2004). Enhanced winning in a competing population by random participation. Physical Review E - Statistical, Nonlinear, and Soft Matter Physics, 69(4 2), 046120-1-046120-7. [046120].