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 | |
| State | Published - Jun 1 2006 |
ASJC Scopus subject areas
- Physics and Astronomy(all)
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Cite this
Johnson, N. F., Smith, D. M. D., & Hui, P. M. (2006). Multi-agent complex systems and many-body physics. Europhysics Letters, 74(5), 923-929. https://doi.org/10.1209/epl/i2005-10588-9