Maximize personal gain in the minority game

Ching Liu and Sy-Sang Liaw

Physica A: Statistical Mechanics and its Applications, 2006, vol. 360, issue 2, 516-524

Abstract: In standard minority game, each agent at every time step chooses the highest-score strategy from his limited number of strategies given arbitrarily in the beginning of the game. Suppose one agent is free to choose any strategy at every time step, how can he manage to maximize his personal gain? Based on the behavior of the standard game, we found a strategy for the agent to score more than the others do for most of the cases.

Keywords: Minority game; Gain; Best strategy; Quasi-periodic (search for similar items in EconPapers)
Date: 2006
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0378437105006400
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:360:y:2006:i:2:p:516-524

DOI: 10.1016/j.physa.2005.06.091

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 ().