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Phys Rev E Stat Nonlin Soft Matter Phys. 2001 Jan;63(1 Pt 2):017102. Epub 2000 Dec 21.

Generalized strategies in the minority game.

Author information

1
Physics Department, Oxford University, Oxford, OX1 3PU, United Kingdom.

Abstract

We show analytically how the fluctuations (i.e., standard deviation sigma) in the minority game can decrease below the random coin-toss limit if the agents use more general, stochastic strategies. This suppression of sigma results from a cancellation between the actions of a crowd, in which agents act collectively and make the same decision, and those of an anticrowd, in which agents act collectively by making the opposite decision to the crowd.

PMID:
11304391
DOI:
10.1103/PhysRevE.63.017102

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