Multi-agent complex systems and many-body physics

N. F. Johnson; D. M.D. Smith; P. M. Hui

doi:10.1209/epl/i2005-10588-9

Multi-agent complex systems and many-body physics

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

Physics

Research output: Contribution to journal › Article › peer-review

6 Scopus citations

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)
Pages (from-to)	923-929
Number of pages	7
Journal	Europhysics Letters
Volume	74
Issue number	5
DOIs	https://doi.org/10.1209/epl/i2005-10588-9
State	Published - Jun 1 2006

ASJC Scopus subject areas

Physics and Astronomy(all)

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Multi-agent complex systems and many-body physics

Abstract

ASJC Scopus subject areas

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