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Article: Wealth inequality in the minority game

TitleWealth inequality in the minority game
Authors
KeywordsPhysics
Issue Date2004
PublisherAmerican Physical Society. The Journal's web site is located at http://pre.aps.org
Citation
Physical Review E - Statistical, Nonlinear, And Soft Matter Physics, 2004, v. 70 n. 6 2, p. 066110/1-066110/7 How to Cite?
AbstractThe inequality of wealth among players in the minority game (MG) was investigated using the well-known measure in economics called the Gini index. In the minoirty game, global cooperation comes hand in hand with uneven distribution of player's wealth. The numerically simulated Gini index was produced semianalytically by mapping the system of the MG to a spin glass. The findings show that the wealth inequality of players is severe near the point of maximum global cooperation.
Persistent Identifierhttp://hdl.handle.net/10722/43452
ISSN
2014 Impact Factor: 2.288
2015 SCImago Journal Rankings: 0.999
ISI Accession Number ID
References

 

DC FieldValueLanguage
dc.contributor.authorHo, KHen_HK
dc.contributor.authorChow, FKen_HK
dc.contributor.authorChau, HFen_HK
dc.date.accessioned2007-03-23T04:45:58Z-
dc.date.available2007-03-23T04:45:58Z-
dc.date.issued2004en_HK
dc.identifier.citationPhysical Review E - Statistical, Nonlinear, And Soft Matter Physics, 2004, v. 70 n. 6 2, p. 066110/1-066110/7en_HK
dc.identifier.issn1539-3755en_HK
dc.identifier.urihttp://hdl.handle.net/10722/43452-
dc.description.abstractThe inequality of wealth among players in the minority game (MG) was investigated using the well-known measure in economics called the Gini index. In the minoirty game, global cooperation comes hand in hand with uneven distribution of player's wealth. The numerically simulated Gini index was produced semianalytically by mapping the system of the MG to a spin glass. The findings show that the wealth inequality of players is severe near the point of maximum global cooperation.en_HK
dc.format.extent97760 bytes-
dc.format.extent28160 bytes-
dc.format.mimetypeapplication/pdf-
dc.format.mimetypeapplication/msword-
dc.languageengen_HK
dc.publisherAmerican Physical Society. The Journal's web site is located at http://pre.aps.orgen_HK
dc.relation.ispartofPhysical Review E - Statistical, Nonlinear, and Soft Matter Physicsen_HK
dc.rightsCreative Commons: Attribution 3.0 Hong Kong License-
dc.rightsPhysical Review E (Statistical, Nonlinear, and Soft Matter Physics). Copyright © American Physical Society.en_HK
dc.subjectPhysicsen_HK
dc.titleWealth inequality in the minority gameen_HK
dc.typeArticleen_HK
dc.identifier.openurlhttp://library.hku.hk:4550/resserv?sid=HKU:IR&issn=1539-3755&volume=70&issue=6&spage=066110:1&epage=7&date=2004&atitle=Wealth+inequality+in+the+minority+gameen_HK
dc.identifier.emailChau, HF: hfchau@hku.hken_HK
dc.identifier.authorityChau, HF=rp00669en_HK
dc.description.naturepublished_or_final_versionen_HK
dc.identifier.doi10.1103/PhysRevE.70.066110en_HK
dc.identifier.scopuseid_2-s2.0-37649030970en_HK
dc.identifier.hkuros97371-
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-37649030970&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume70en_HK
dc.identifier.issue6 2en_HK
dc.identifier.spage066110/1en_HK
dc.identifier.epage066110/7en_HK
dc.identifier.isiWOS:000226299200017-
dc.publisher.placeUnited Statesen_HK
dc.identifier.scopusauthoridHo, KH=8314914400en_HK
dc.identifier.scopusauthoridChow, FK=7005264096en_HK
dc.identifier.scopusauthoridChau, HF=7005742276en_HK

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