Multi-agent complex systems and many-body physics

Neil F Johnson, D. M D Smith, P. M. Hui

Research output: Contribution to journalArticle

6 Citations (Scopus)

Abstract

Multi-agent complex systems comprising populations of decision-making particles, have many potential applications across the biological, informational and social sciences. We show that the time-averaged dynamics in such systems bear a striking resemblance to conventional many-body physics. For the specific example of the Minority Game, this analogy enables us to obtain analytic expressions which are in excellent agreement with numerical simulations.

Original languageEnglish (US)
Pages (from-to)923-929
Number of pages7
JournalEPL
Volume74
Issue number5
DOIs
StatePublished - Jun 1 2006
Externally publishedYes

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games
decision making
minorities
bears
complex systems
physics
simulation

ASJC Scopus subject areas

  • Physics and Astronomy(all)

Cite this

Johnson, N. F., Smith, D. M. D., & Hui, P. M. (2006). Multi-agent complex systems and many-body physics. EPL, 74(5), 923-929. https://doi.org/10.1209/epl/i2005-10588-9

Multi-agent complex systems and many-body physics. / Johnson, Neil F; Smith, D. M D; Hui, P. M.

In: EPL, Vol. 74, No. 5, 01.06.2006, p. 923-929.

Research output: Contribution to journalArticle

Johnson, NF, Smith, DMD & Hui, PM 2006, 'Multi-agent complex systems and many-body physics', EPL, vol. 74, no. 5, pp. 923-929. https://doi.org/10.1209/epl/i2005-10588-9
Johnson, Neil F ; Smith, D. M D ; Hui, P. M. / Multi-agent complex systems and many-body physics. In: EPL. 2006 ; Vol. 74, No. 5. pp. 923-929.
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