The quasi-periodic time sequence of the population in minority game

Sy-Sang Liaw and Ching Liu

Physica A: Statistical Mechanics and its Applications, 2005, vol. 351, issue 2, 571-579

Abstract: We observe that a quasi-periodic structure appears in the time sequence of population in the minority game when the amount of information to all agents is limited. The structure disappears when the amount of information is about the size the number of agents. The system then enters a phase with standard deviation smaller than that of a random process. We show that these phenomena are the consequences of using best strategies by agents.

Keywords: Minority game; Quasi-periodic; Phase transition; Variance (search for similar items in EconPapers)
Date: 2005
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:phsmap:v:351:y:2005:i:2:p:571-579

DOI: 10.1016/j.physa.2005.01.011

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