Lo, T.S; Lim, S.W; Hui, P.M; Johnson, N.F - In: Physica A: Statistical Mechanics and its Applications 287 (2000) 1, pp. 313-320
We present detailed numerical results for a modified form of the so-called Minority Game, which provides a simplified model of a competitive market. Each agent has a limited set of strategies, and competes to be in a minority. An evolutionary rule for strategy modification is included to mimic...