Ontology highlight
ABSTRACT:
SUBMITTER: Huang ZG
PROVIDER: S-EPMC3463819 | biostudies-other | 2012
REPOSITORIES: biostudies-other
Huang Zi-Gang ZG Zhang Ji-Qiang JQ Dong Jia-Qi JQ Huang Liang L Lai Ying-Cheng YC
Scientific reports 20121004
Complex systems arising in a modern society typically have many resources and strategies available for their dynamical evolutions. To explore quantitatively the behaviors of such systems, we propose a class of models to investigate Minority Game (MG) dynamics with multiple strategies. In particular, agents tend to choose the least used strategies based on available local information. A striking finding is the emergence of grouping states defined in terms of distinct strategies. We develop an ana ...[more]