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arxiv: cond-mat/0210319 · v2 · submitted 2002-10-15 · ❄️ cond-mat

Competition between adaptive agents: from learning to collective efficiency and back

classification ❄️ cond-mat
keywords agentsefficiencylearningadaptivebackclearcollectivecompeting
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We use the Minority Game and some of its variants to show how efficiency depends on learning in models of agents competing for limited resources. Exact results from statistical physics give a clear understanding of the phenomenology, and opens the way to the study of reverse problems. What agents can optimize and how well is discussed in details.

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