Theory of the evolutionary minority game

T. S. Lo, P. M. Hui, N. F. Johnson

Research output: Contribution to journalArticle

64 Scopus citations

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 languageEnglish (US)
Pages (from-to)4393-4396
Number of pages4
JournalPhysical Review E - Statistical Physics, Plasmas, Fluids, and Related Interdisciplinary Topics
Volume62
Issue number3 B
DOIs
StatePublished - Sep 1 2000

ASJC Scopus subject areas

  • Statistical and Nonlinear Physics
  • Statistics and Probability
  • Condensed Matter Physics

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