Search Results - subject:"Probabilistic strategies"

Strategy switches and co-action equilibria in a minority game

Sasidevan, V.; Dhar, Deepak - In: Physica A: Statistical Mechanics and its Applications 402 (2014) C, pp. 306-317

We propose an analytically tractable variation of the minority game in which rational agents use probabilistic … strategies. In our model, N agents choose between two alternatives repeatedly, and those who are in the minority get a pay-off 1 …

Persistent link: https://ebvufind01.dmz1.zbw.eu/10011057789

Emergent cooperation amongst competing agents in minority games

Dhar, Deepak; Sasidevan, V.; Chakrabarti, Bikas K. - In: Physica A: Statistical Mechanics and its Applications 390 (2011) 20, pp. 3477-3485

We study a variation of the minority game. There are N agents. Each has to choose between one of two alternatives every day, and there is a reward to each member of the smaller group. The agents cannot communicate with each other, but try to guess the choice others will make, based only on the...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10011063488