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Conference Paper: The relevance of memory in minority game

TitleThe relevance of memory in minority game
Authors
Issue Date2006
PublisherYukawa Institute for Theoretical Physics. The Journal's web site is located at http://www2.yukawa.kyoto-u.ac.jp/~ptpwww/supple-info.html
Citation
Progress Of Theoretical Physics Supplement, 2006, v. 162, p. 190-196 How to Cite?
AbstractMinority Game (MG) has become a very commonly studied econophysical model in the past decade, after it was introduced in 1997. It is giving non-trivial cooperative behavior in multiple agent system, despite its simplicity. Since 1999, studies started focusing on whether the memory, which long seems believed to provide the feedback system, is essential in the game. Up till now, investigations concerning the memory in MG concluded that memory is relevant in the so-called asymmetric phase, but not the symmetric phase of the game. However, our recent study using large scale simulations (up to 3000 agents) shows that memory is actually also relevant in the symmetric phase. The fact that this was overlooked before might be due to the fact that small-scale simulations (around 100 agents) were employed in previous investigations. This suggested that the memory of the game cannot be simply damped away in most of the parameter range.
Persistent Identifierhttp://hdl.handle.net/10722/80899
ISSN
2012 Impact Factor: 1.249
2015 SCImago Journal Rankings: 0.226
References

 

DC FieldValueLanguage
dc.contributor.authorMan, WCen_HK
dc.contributor.authorHo, KHen_HK
dc.contributor.authorChow, FKen_HK
dc.contributor.authorChau, HFen_HK
dc.date.accessioned2010-09-06T08:11:30Z-
dc.date.available2010-09-06T08:11:30Z-
dc.date.issued2006en_HK
dc.identifier.citationProgress Of Theoretical Physics Supplement, 2006, v. 162, p. 190-196en_HK
dc.identifier.issn0375-9687en_HK
dc.identifier.urihttp://hdl.handle.net/10722/80899-
dc.description.abstractMinority Game (MG) has become a very commonly studied econophysical model in the past decade, after it was introduced in 1997. It is giving non-trivial cooperative behavior in multiple agent system, despite its simplicity. Since 1999, studies started focusing on whether the memory, which long seems believed to provide the feedback system, is essential in the game. Up till now, investigations concerning the memory in MG concluded that memory is relevant in the so-called asymmetric phase, but not the symmetric phase of the game. However, our recent study using large scale simulations (up to 3000 agents) shows that memory is actually also relevant in the symmetric phase. The fact that this was overlooked before might be due to the fact that small-scale simulations (around 100 agents) were employed in previous investigations. This suggested that the memory of the game cannot be simply damped away in most of the parameter range.en_HK
dc.languageengen_HK
dc.publisherYukawa Institute for Theoretical Physics. The Journal's web site is located at http://www2.yukawa.kyoto-u.ac.jp/~ptpwww/supple-info.htmlen_HK
dc.relation.ispartofProgress of Theoretical Physics Supplementen_HK
dc.titleThe relevance of memory in minority gameen_HK
dc.typeConference_Paperen_HK
dc.identifier.openurlhttp://library.hku.hk:4550/resserv?sid=HKU:IR&issn=0375-9687&volume=162&spage=190&epage=196&date=2006&atitle=The+relevance+of+memory+in+minority+gameen_HK
dc.identifier.emailChau, HF: hfchau@hku.hken_HK
dc.identifier.authorityChau, HF=rp00669en_HK
dc.description.naturelink_to_subscribed_fulltext-
dc.identifier.doi10.1143/PTPS.162.190en_HK
dc.identifier.scopuseid_2-s2.0-33747122403en_HK
dc.identifier.hkuros116406en_HK
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-33747122403&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume162en_HK
dc.identifier.spage190en_HK
dc.identifier.epage196en_HK
dc.publisher.placeJapanen_HK
dc.identifier.scopusauthoridMan, WC=8852796400en_HK
dc.identifier.scopusauthoridHo, KH=8314914400en_HK
dc.identifier.scopusauthoridChow, FK=7005264096en_HK
dc.identifier.scopusauthoridChau, HF=7005742276en_HK

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