The quasi-periodic time sequence of the population in minority game

We observe that a quasi-periodic structure appears in the time sequence of population in the minority game when the amount of information to all agents is limited. The structure disappears when the amount of information is about the size the number of agents. The system then enters a phase with standard deviation smaller than that of a random process. We show that these phenomena are the consequences of using best strategies by agents.

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Year of publication:	2005
Authors:	Liaw, Sy-Sang ; Liu, Ching
Published in:	Physica A: Statistical Mechanics and its Applications. - Elsevier, ISSN 0378-4371. - Vol. 351.2005, 2, p. 571-579
Publisher:	Elsevier
Subject:	Minority game \| Quasi-periodic \| Phase transition \| Variance

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

Persistent link: https://www.econbiz.de/10010590654