Abstract
A mean-field-like theory of the evolutionary minority game (EMG) based on the consideration of a particular agent in the environment formed by the rest of the population is presented. The results are in good agreement with numerical data. The theory can be readily generalized to different variations of the EMG, such as when the winning decision is assigned according to whether the attendance is lower than a certain cutoff.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 4393-4396 |
| Number of pages | 4 |
| Journal | Physical Review E - Statistical Physics, Plasmas, Fluids, and Related Interdisciplinary Topics |
| Volume | 62 |
| Issue number | 3 B |
| DOIs | |
| State | Published - Sep 1 2000 |
ASJC Scopus subject areas
- Statistical and Nonlinear Physics
- Statistics and Probability
- Condensed Matter Physics
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Cite this
Lo, T. S., Hui, P. M., & Johnson, N. F. (2000). Theory of the evolutionary minority game. Physical Review E - Statistical Physics, Plasmas, Fluids, and Related Interdisciplinary Topics, 62(3 B), 4393-4396. https://doi.org/10.1103/PhysRevE.62.4393