Playing minority game

Tadeusz Płatkowski and Michał Ramsza

Physica A: Statistical Mechanics and its Applications, 2003, vol. 323, issue C, 726-734

Abstract: We designed and conducted an experiment to see how people play the standard minority game. The experiment was conducted at the computer lab, using a special software, with a group of 15 students. Collected informations comprise individual choices and individual wealth after each time step. The results, in particular the coordination of the agents, measured by the volatility of the system, are compared for different amount of informations available to the agents.

Keywords: Minority game; Coordination; Laboratory experiment (search for similar items in EconPapers)
Date: 2003
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (13)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0378437103000487
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:323:y:2003:i:c:p:726-734

DOI: 10.1016/S0378-4371(03)00048-7

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 ().