THEORY OF THE THREE-GROUP EVOLUTIONARY MINORITY GAME

DOI10.1142/S0217979204025415MaRDI QIDQ3156239zbMATHFDO

Authors Kan Chen, Baosheng Yuan, Bing-Hong Wang

Publication date 6 January 2005

Published in International Journal of Modern Physics B (Search for Journal in Brave)

Full work available at URL https://arxiv.org/abs/cond-mat/0402303

zbMATH Keywords

critical pointevolutionMinority game

Mathematics Subject Classification ID

Evolutionary games (91A22)

Abstract: Based on the adiabatic theory for the evolutionary minority game (EMG) that we proposed earlier[1], we perform a detail analysis of the EMG limited to three groups of agents. We derive a formula for the critical point of the transition from segregation (into opposing groups) to clustering (towards cautious behaviors). Particular to the three-group EMG, the strategy switching in the "extreme" group does not occur at every losing step and is strongly intermittent. This leads to an correction to the critical value of the number of agents at the transition, $N_c$. Our expression for $N_c$ is in agreement with the results obtained from our numerical simulations.

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Cited in

(1)

• The mechanism for the self-adaptation behavior in the evolutionary minority game model

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