### 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 language | English (US) |
---|---|

Article number | 046120 |

Journal | Physical Review E - Statistical, Nonlinear, and Soft Matter Physics |

Volume | 69 |

Issue number | 4 2 |

State | Published - Apr 2004 |

Externally published | Yes |

### Fingerprint

### ASJC Scopus subject areas

- Physics and Astronomy(all)
- Condensed Matter Physics
- Statistical and Nonlinear Physics
- Mathematical Physics

### Cite this

*Physical Review E - Statistical, Nonlinear, and Soft Matter Physics*,

*69*(4 2), [046120].

**Enhanced winning in a competing population by random participation.** / Yip, K. F.; Lo, T. S.; Hui, P. M.; Johnson, Neil F.

Research output: Contribution to journal › Article

*Physical Review E - Statistical, Nonlinear, and Soft Matter Physics*, vol. 69, no. 4 2, 046120.

}

TY - JOUR

T1 - Enhanced winning in a competing population by random participation

AU - Yip, K. F.

AU - Lo, T. S.

AU - Hui, P. M.

AU - Johnson, Neil F

PY - 2004/4

Y1 - 2004/4

N2 - 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.

AB - 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.

UR - http://www.scopus.com/inward/record.url?scp=42749105727&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=42749105727&partnerID=8YFLogxK

M3 - Article

C2 - 15169082

AN - SCOPUS:42749105727

VL - 69

JO - Physical review. E

JF - Physical review. E

SN - 2470-0045

IS - 4 2

M1 - 046120

ER -