Minority Game with Several Groups Acting at Different Time Scale

0344042 - ÚTIA 2011 BG eng A - Abstrakt
Pištěk, Miroslav
Minority Game with Several Groups Acting at Different Time Scale.
Physics of Competition & Conflicts. Vol. Second Annual Meeting. Sunny Beach, Bulgaria: COST MP0801, 2010. s. 48-48.
[Second annual meeting COST ACTION MP0801. 26.05.2010-28.05.2010, Sunny Beach]
Výzkumný záměr: CEZ:AV0Z10750506
Klíčová slova: minority game * replica method * multiple agent * decision making
Kód oboru RIV: BM - Fyzika pevných látek a magnetismus
http://library.utia.cas.cz/separaty/2010/AS/pistek-minority game with several groups acting at different time scale.pdf

In last two decades, the effort devoted to interdisciplinary research of bounded sources allocation is growing, examining complex phenomena as stock markets or traffic congestions. The Minority Game is a multiple-agent model of inevitable frustration arising in such situations. It is analytically tractable using the replica method originated in statistical physics of spin glasses. We generalised the Minority Game introducing heterogenous agents. This heterogeneity causes a considerable decrease of an average agent's frustration. For many configurations, we achieve even a positive-sum game, which is not possible in the original game variant. This result is in accordance with real stock market data.
Trvalý link: http://hdl.handle.net/11104/0186362