Hierarchically organized minority games

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In this paper a simple, single-level strategic game, namely the Minority Game (MG), will be extended to form a hierarchical organization. The individual MGs will form a group, and individual players within each MG will make decisions which depend on the average behavior of their own and other MGs. Calculations show that under certain conditions the elements of the individual MGs “know” much mor...

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ژورنال

عنوان ژورنال: Physica A: Statistical Mechanics and its Applications

سال: 2003

ISSN: 0378-4371

DOI: 10.1016/s0378-4371(03)00049-9