Hierarchically organized minority games

Csaba Földy, Zoltán Somogyvári and Péter Érdi

Physica A: Statistical Mechanics and its Applications, 2003, vol. 323, issue C, 735-742

Abstract: In this paper a hierarchical extension of the Minority Game is defined and studied. Numerical simulations show a special type of emergent global behavior between separated parts of the hierarchical structure, connected only through a normalized mean field quantity.

Keywords: Minority game; Hierarchy (search for similar items in EconPapers)
Date: 2003
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:phsmap:v:323:y:2003:i:c:p:735-742

DOI: 10.1016/S0378-4371(03)00049-9

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