Adaptive Learning and Emergent Coordination in Minority Games

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Adaptive Learning and Emergent Coordination in Minority Games

Author Info

Giulio Bottazzi
Giovanna Devetag
Giovanni Dosi

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Abstract

The paper explores through simulations the efficiency properties of large group minority games under different hypotheses concerning the agents degree of rationality, the amount of information available to them and heterogeneity in the decision rules adopted.

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Publisher Info
Paper provided by Department of Computer and Management Sciences, University of Trento, Italy in its series Quaderni DISA with number 060.

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Date of creation: Dec 2001
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Handle: RePEc:trt:disatr:060

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Paper
- Giulio Bottazzi & Giovanna Devetag & Giovanni Dosi, 2001. "Adaptive Learning and Emergent Coordination in Minority Games," ROCK Working Papers 012, Department of Computer and Management Sciences, University of Trento, Italy.
- Giulio Bottazzi, Giovanna Devetag, Giovanni Dosi, 2001. "Adaptive Learning and Emergent Coordination in Minority Games," Computing in Economics and Finance 2001 20, Society for Computational Economics.
- Giulio Bottazzi & Giovanna Devetag & Giovanni Dosi, 1999. "Adaptive Learning and Emergent Coordination in Minority Games," LEM Papers Series 1999/24, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy. [Downloadable!]

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

Willemien Kets, 2007. "The minority game: An economics perspective," Quantitative Finance Papers 0706.4432, arXiv.org. [Downloadable!]
Other versions:
- Kets, W., 2007. "The Minority Game: An Economics Perspective," Discussion Paper 2007-53, Tilburg University, Center for Economic Research. [Downloadable!]
Giorgio Fagiolo & Marco Valente, 2005. "Minority Games, Local Interactions, and Endogenous Networks," Computational Economics, Springer, vol. 25(1), pages 41-57, February. [Downloadable!] (restricted)
Other versions:
- Giorgio Fagiolo & Marco Valente, 2004. "Minority Games, Local Interactions, and Endogenous Networks," LEM Papers Series 2004/17, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy. [Downloadable!]
- Valente M. & Fagiolo G., 2004. "Minority Games, Local Interactions, and Endogenous Networks," Computing in Economics and Finance 2004 110, Society for Computational Economics. [Downloadable!]
John Duffy, 2004. "Agent-Based Models and Human Subject Experiments," Computational Economics 0412001, EconWPA. [Downloadable!]
Other versions:
- Duffy, John, 2006. "Agent-Based Models and Human Subject Experiments," Handbook of Computational Economics, in: Leigh Tesfatsion & Kenneth L. Judd (ed.), Handbook of Computational Economics, edition 1, volume 2, chapter 19, pages 949-1011 Elsevier. [Downloadable!] (restricted)

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