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How to attain maximum profit in minority game?

Author

Listed:
  • Chau, H.F.
  • Chow, F.K.

Abstract

What is the physical origin of player cooperation in minority game? And how to obtain maximum global wealth in minority game? We answer the above questions by studying a variant of minority game from which players choose among Nc alternatives according to strategies picked from a restricted set of strategy space. Our numerical experiment concludes that player cooperation is the result of a suitable size of sampling in the available strategy space. Hence, the overall performance of the game can be improved by suitably adjusting the strategy space size.

Suggested Citation

  • Chau, H.F. & Chow, F.K., 2002. "How to attain maximum profit in minority game?," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 312(1), pages 277-284.
    • Handle: RePEc:eee:phsmap:v:312:y:2002:i:1:p:277-284
    DOI: 10.1016/S0378-4371(02)00860-9
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