Dynamics of multi-player games

DOI10.1088/1742-5468/2006/07/P07001MaRDI QIDQ5239291zbMATH OpenFDO

Authors

Publication date 22 October 2019

Published in Journal of Statistical Mechanics: Theory and Experiment (Search for Journal in Brave)

Full work available at URL https://arxiv.org/abs/physics/0604226

zbMATH Keywords

stochastic processesnonlinear dynamicsapplications to game theory and mathematical economicsinteracting agent models

Mathematics Subject Classification ID

Social networks; opinion dynamics (91D30) (n)-person games, (n>2) (91A06) Dynamic games (91A25)

Abstract: We analyze the dynamics of competitions with a large number of players. In our model, n players compete against each other and the winner is decided based on the standings: in each competition, the mth ranked player wins. We solve for the long time limit of the distribution of the number of wins for all n and m and find three different scenarios. When the best player wins, the standings are most competitive as there is one-tier with a clear differentiation between strong and weak players. When an intermediate player wins, the standings are two-tier with equally-strong players in the top tier and clearly-separated players in the lower tier. When the worst player wins, the standings are least competitive as there is one tier in which all of the players are equal. This behavior is understood via scaling analysis of the nonlinear evolution equations.

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Cites work

• scientific article; zbMATH DE number 3548141 (Why is no real title available?)
• Bifurcations and patterns in compromise processes
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• Game theory
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Cited in

(14)

• scientific article; zbMATH DE number 877670 (Why is no real title available?)
• Dynamic games with strategic complements and large number of players
• Quenched law of large numbers and quenched central limit theorem for multiplayer leagues with ergodic strengths
• scientific article; zbMATH DE number 3926681 (Why is no real title available?)
• Dynamics of nearest-neighbour competitions on graphs
• Randomness in competitions
• Dynamic sender-receiver games
• Games and dynamic games
• scientific article; zbMATH DE number 6429510 (Why is no real title available?)
• Dynamics of three-agent games
• scientific article; zbMATH DE number 7029974 (Why is no real title available?)
• Winner plays competition models
• Dynamic behavior and player types in majoritarian multi-battle contests
• Dynamic psychological games

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