Statistical Mechanics of Systems with Heterogeneous Agents: Minority Games
نویسندگان
چکیده
منابع مشابه
Non-equilibrium statistical mechanics of Minority Games
In this paper I give a brief introduction to a family of simple but nontrivial models designed to increase our understanding of collective processes in markets, the so-called Minority Games, and their non-equilibrium statistical mathematical analysis. Since the most commonly studied members of this family define disordered stochastic processes without detailed balance, the canonical technique f...
متن کاملStatistical mechanics of socio-economic systems with heterogeneous agents
We review the statistical mechanics approach to the study of the emerging collective behavior of systems of heterogeneous interacting agents. The general framework is presented through examples is such contexts as ecosystem dynamics and traffic modeling. We then focus on the analysis of the optimal properties of large random resource-allocation problems and on Minority Games and related models ...
متن کاملHeterogeneous Populations of Learning Agents in Minority Games
We study the combination of co-evolution and individual learning in minority games (MGs). Minority games are simple models of distributed resource allocation. They are repeated conflicting interest games involving a large number of agents. In most of the literature, learning algorithms and parameters are evaluated under self-play. In this article, we want to explore by means of an evolutionary ...
متن کاملStatistical Mechanics of Dilute Batch Minority Games with Random External Information
We study the dynamics and statics of a dilute batch minority game with random external information. We focus on the case in which the number of connections per agent is infinite in the thermodynamic limit. The dynamical scenario of ergodicity breaking in this model is different from the phase transition in the standard minority game and is characterised by the onset of long-term memory at finit...
متن کاملStatistical mechanics of spatial evolutionary games
We discuss the long-run behavior of stochastic dynamics of many interacting players in spatial evolutionary games. In particular, we investigate the effect of the number of players and the noise level on the stochastic stability of Nash equilibria. We discuss similarities and differences between systems of interacting players maximizing their individual payoffs and particles minimizing their in...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Physical Review Letters
سال: 2000
ISSN: 0031-9007,1079-7114
DOI: 10.1103/physrevlett.84.1824