The quasi-periodicity of the minority game revisited

Gabriel Acosta, Inés Caridi, Sebastián Guala and Javier Marenco

Physica A: Statistical Mechanics and its Applications, 2013, vol. 392, issue 19, 4450-4465

Abstract: We analyze two well-known related aspects regarding the sequence of minority sides from the Minority Game (MG) in its symmetric phase: period-two dynamics and quasi-periodic behavior. We also study the sequence of minority sides in a general way within a graph-theoretical framework. In order to analyze the outcome dynamics of the MG, it is useful to define the MGprior, namely an MG with a new choosing rule of the strategy to play, which takes into account both prior preferences and game information. In this way, each time an agent is undecided because two of her best strategies predict different choices while being equally successful so far, she selects her a priori favorite strategy to play, instead of performing a random tie-break as in the MG. This new choosing rule leaves the generic behavior of the model unaffected and simplifies the game analysis. Furthermore, interesting properties arise which are only partially present in the MG, like the quasi-periodic behavior of the sequence of minority sides, which turns out to be periodic for the MGprior.

Keywords: Minority game; Quasi-periodic behavior; Choosing rule (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0378437113004792
Full text for ScienceDirect subscribers only. Journal offers the option of making the article available online on Science direct for a fee of $3,000

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:phsmap:v:392:y:2013:i:19:p:4450-4465

DOI: 10.1016/j.physa.2013.05.038

Access Statistics for this article

Physica A: Statistical Mechanics and its Applications is currently edited by K. A. Dawson, J. O. Indekeu, H.E. Stanley and C. Tsallis

More articles in Physica A: Statistical Mechanics and its Applications from Elsevier
Bibliographic data for series maintained by Catherine Liu ().