Dynamical Mechanisms in Multi-agent Systems: Minority Games

K. Y. Michael Wong; S. W. Lim; Zhuo Gao

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Dynamical Mechanisms in Multi-agent Systems: Minority Games

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arxiv cond-mat/0310607 v2 pith:JOHBYDEU submitted 2003-10-26 cond-mat

Dynamical Mechanisms in Multi-agent Systems: Minority Games

K. Y. Michael Wong , S. W. Lim , Zhuo Gao This is my paper

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keywords diversityagentsgamesmechanismsscalingadaptablebehaviorcompete

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We consider a version of large population games whose agents compete for resources using strategies with adaptable preferences. Diversity among the agents reduces their maladpative behavior. We find interesting scaling relations with diversity for the variance of decisions. When diversity increases, the scaling dynamics is modified by kinetic sampling and waiting mechanisms.

Dynamical Mechanisms in Multi-agent Systems: Minority Games

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