Changes of behavior tendency in the evolutionary minority game

It is by now well established that the agents change from extreme behavior to confusion when the situation changed from easy time to depression in the evolutionary minority game. However in this letter we explore the dynamics of evolving population with negative values of the reward, and demonstrate that the one-time phase change is a little part. In particular, we show the changes of behavior tendency and reveal the underlying dynamics of the changes.

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Year of publication:	2014
Authors:	Zhang, Yu-Xia ; Liang, Wen-Yao ; Liu, Xue-Mei
Published in:	Physica A: Statistical Mechanics and its Applications. - Elsevier, ISSN 0378-4371. - Vol. 414.2014, C, p. 227-232
Publisher:	Elsevier
Subject:	Economic physics \| Changes of behavior tendency \| Brownian motion

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010931563