Effects of imitation in a competing and evolving population
We propose and study a modified version of the evolutionary minority game consisting of a competing population. Agents in the population are repeatedly competing to be in a minority and they have a common strategy. Each agent has a parameter p characterizing the probability that she is following the prediction of the common strategy. Agents are lined up in a one-dimensional chain with periodic boundary condition. Imitation is allowed among nearest neighboring agents. Numerical results show that the agents evolve into a state in which they self-segregate into opposite groups characterized by extreme behavior and imitation leads to considerable enhancement in the overall performance of the population.
Year of publication: |
2002
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Authors: | Quan, Hongjun ; Wang, Bing-Hong ; Hui, P.M. |
Published in: |
Physica A: Statistical Mechanics and its Applications. - Elsevier, ISSN 0378-4371. - Vol. 312.2002, 3, p. 619-626
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Publisher: |
Elsevier |
Saved in:
Online Resource
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