Dynamics of a spherical minority game
From MaRDI portal
Publication:5696403
DOI10.1088/0305-4470/36/43/034zbMATH Open1081.91516arXivcond-mat/0303615OpenAlexW2067098274MaRDI QIDQ5696403FDOQ5696403
Authors: Tobias Galla, A. C. C. Coolen, David Sherrington 
Publication date: 18 October 2005
Published in: Journal of Physics A: Mathematical and General (Search for Journal in Brave)
Abstract: We present an exact dynamical solution of a spherical version of the batch minority game (MG) with random external information. The control parameters in this model are the ratio of the number of possible values for the public information over the number of agents, and the radius of the spherical constraint on the microscopic degrees of freedom. We find a phase diagram with three phases: two without anomalous response (an oscillating versus a frozen state), and a further frozen phase with divergent integrated response. In contrast to standard MG versions, we can also calculate the volatility exactly. Our study reveals similarities between the spherical and the conventional MG, but also intriguing differences. Numerical simulations confirm our analytical results.
Full work available at URL: https://arxiv.org/abs/cond-mat/0303615
Recommendations
- Stationary states of a spherical minority game with ergodicity breaking
- Spherical grand-canonical minority games with and without score discounting
- Dynamics of the time horizon minority game
- Minority game: A mean-field-like approach
- Phenomenology of minority games in efficient regime
- scientific article; zbMATH DE number 1998875
- Dynamical solution of the on-line minority game.
- Dynamics of a mean spherical model with competing interactions
Cited In (13)
- Stationary states of a spherical minority game with ergodicity breaking
- Quantifying complexity in the minority game
- Dynamics of adaptive agents with asymmetric information
- Structure-preserving desynchronization of minority games
- Dynamics of the time horizon minority game
- Minority game: A mean-field-like approach
- Dynamical solution of the on-line minority game.
- Statistical mechanics of dilute batch minority games with random external information
- Market response to external events and interventions in spherical minority games
- Minority game with local interactions due to the presence of herding behavior
- Generating functional analysis of batch minority games with arbitrary strategy numbers
- Minority game with SK interactions
- Spherical grand-canonical minority games with and without score discounting
This page was built for publication: Dynamics of a spherical minority game
Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q5696403)
