Modeling a case of herding behavior in a multi-player game

DOI10.1007/S11134-013-9365-7MaRDI QIDQ471423zbMATH OpenOpenAlexFDO

Authors Guy Fayolle, Jean-Marc Lasgouttes

Publication date 14 November 2014

Published in Queueing Systems (Search for Journal in Brave)

Full work available at URL https://arxiv.org/abs/1212.5400

zbMATH Keywords

continuous-time Markov chainergodicitymulti-player online social gamesnon-linear differential systemthermodynamical limittransience

Mathematics Subject Classification ID

Nonlinear ordinary differential operators (34L30) Smooth ergodic theory, invariant measures for smooth dynamical systems (37C40) Central limit and other weak theorems (60F05) Continuous-time Markov processes on discrete state spaces (60J27) Applications of continuous-time Markov processes on discrete state spaces (60J28)

Abstract: The system mentioned in the title belongs to the family of the so-called massively multi-player online social games (MMOSG). It features a scoring system for the elements of the game that is prone to herding effects. We analyze in detail its stationary regime in the thermodynamic limit, when the number of players tends to infinity. In particular, for some classes of input sequences and selection policies, we provide necessary and sufficient conditions for the existence of a complete meanfield-like measure, showing off an interesting condensation phenomenon.

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Cited in

(4)

• A Herding Perspective on Global Games and Multiplicity
• A simple model of herd behavior, a comment
• Two experiments to test a model of herd behaviour
• Understanding herding based on a co-evolutionary model for strategy and game structure

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