The Minority Game with interactions

Inés Caridi and Horacio Ceva

Physica A: Statistical Mechanics and its Applications, 2004, vol. 339, issue 3, 574-582

Abstract: We partially modify the rules of the Minority Game (MG) by introducing some degree of local information in the game, which is only available for some agents, called the interacting agents. Our work shows that, for small values of the new parameter of the model (the fraction of interacting agents), there is an improvement of the use of the resources with respect to the MG, while as this number grows the response of the system changes, and ends up behaving worst than the usual MG.

Keywords: Minority game; Interacting agents; Entropy rate (search for similar items in EconPapers)
Date: 2004
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:phsmap:v:339:y:2004:i:3:p:574-582

DOI: 10.1016/j.physa.2004.03.010

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