Hierarchically organized minority games

In this paper a hierarchical extension of the Minority Game is defined and studied. Numerical simulations show a special type of emergent global behavior between separated parts of the hierarchical structure, connected only through a normalized mean field quantity.

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Year of publication:	2003
Authors:	Földy, Csaba ; Somogyvári, Zoltán ; Érdi, Péter
Published in:	Physica A: Statistical Mechanics and its Applications. - Elsevier, ISSN 0378-4371. - Vol. 323.2003, C, p. 735-742
Publisher:	Elsevier
Subject:	Minority game \| Hierarchy

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

Persistent link: https://www.econbiz.de/10011062730