MULTIMARKET MINORITY GAME

Tadeusz Płatkowski () and Michał Ramsza ()
Additional contact information
Tadeusz Płatkowski: Faculty of Mathematics, Informatics and Mechanics, University of Warsaw, Poland
Michał Ramsza: Department of Mathematical Economics, Warsaw School of Economics, Poland

Advances in Complex Systems (ACS), 2005, vol. 08, issue 01, 65-74

Abstract: We consider a system of heterogeneous agents playing the Minority Game on two markets. At each time step, each agent plays on one of the markets only. The agents can change the market according to some switching scheme. Various switching schemes are investigated: those that depend on the performance of the agents on each of the markets, and those that determine the actual market as a function of the number of games lost on the markets. We discuss the influence of the chosen switching scheme on the overall performance of the system of agents. In particular, we study both aggregate attendance (price returns) and volatilities for various schemes of the market choice.

Keywords: Minority game; heterogeneous agents; local markets; switching schemes (search for similar items in EconPapers)
Date: 2005
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S0219525905000312
Access to full text is restricted to subscribers

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:wsi:acsxxx:v:08:y:2005:i:01:n:s0219525905000312

Ordering information: This journal article can be ordered from

DOI: 10.1142/S0219525905000312

Access Statistics for this article

Advances in Complex Systems (ACS) is currently edited by Frank Schweitzer

More articles in Advances in Complex Systems (ACS) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().