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 language | English (US) |
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Pages (from-to) | 923-929 |
Number of pages | 7 |
Journal | Europhysics Letters |
Volume | 74 |
Issue number | 5 |
DOIs | |
State | Published - Jun 1 2006 |
ASJC Scopus subject areas
- Physics and Astronomy(all)