• Title of article

    Multiple choice minority game

  • Author/Authors

    F. K. Chow، نويسنده , , H. F. Chau، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2003
  • Pages
    15
  • From page
    601
  • To page
    615
  • Abstract
    Minority game is a model of heterogeneous players who think inductively. In this game, each player chooses one out of two alternatives every turn and those who end up in the minority side wins. It is instructive to extend the minority game by allowing players to choose one out of many alternatives. Nevertheless, such an extension is not straight-forward due to difficulties in finding a set of reasonable, unbiased and computationally feasible strategies. Here, we propose a variation of the minority game where every player has more than two options. Results of numerical simulations agree with the expectation that our multiple choices minority game exhibits similar behavior as the original two-choice minority game.
  • Journal title
    Physica A Statistical Mechanics and its Applications
  • Serial Year
    2003
  • Journal title
    Physica A Statistical Mechanics and its Applications
  • Record number

    868342