• Title of article

    Shedding light on El Farol

  • Author/Authors

    Damien Challet، نويسنده , , M. Marsili، نويسنده , , Gabriele Ottino، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2004
  • Pages
    14
  • From page
    469
  • To page
    482
  • Abstract
    We mathematize El Farol bar problem and transform it into a workable model. We find general conditions on the predictor space under which the convergence of the average attendance to the resource level does not require any intelligence on the side of the agents. Secondly, specializing to a particular ensemble of continuous strategies yields a model similar to the Minority Game. Statistical physics of disordered systems allows us to derive a complete understanding of the complex behavior of this model, on the basis of its phase diagram.
  • Journal title
    Physica A Statistical Mechanics and its Applications
  • Serial Year
    2004
  • Journal title
    Physica A Statistical Mechanics and its Applications
  • Record number

    869039