IDEAS home Printed from https://ideas.repec.org/a/eee/phsmap/v389y2010i8p1739-1744.html

Three-option evolutionary minority game on small-world network

Author

Listed:
  • Zhu, Changyong
  • Quan, Hongjun

Abstract

In this paper, we study the three-option evolutionary minority game with imitation on small-world networks. Numerical results show that the performance of the system depends on the ways of modifying the gene values as well as the points awarded to the agents belonging to the intermediate populated group. Better cooperation can be obtained through local communication within the agents.

Suggested Citation

  • Zhu, Changyong & Quan, Hongjun, 2010. "Three-option evolutionary minority game on small-world network," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 389(8), pages 1739-1744.
    • Handle: RePEc:eee:phsmap:v:389:y:2010:i:8:p:1739-1744
    DOI: 10.1016/j.physa.2009.12.048
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0378437109010620
    Download Restriction: Full text for ScienceDirect subscribers only. Journal offers the option of making the article available online on Science direct for a fee of $3,000
    File URL: https://libkey.io/10.1016/j.physa.2009.12.048?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    References listed on IDEAS

    as
    1. Johnson, Neil F. & Jefferies, Paul & Hui, Pak Ming, 2003. "Financial Market Complexity," OUP Catalogue, Oxford University Press, number 9780198526650.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Tobias Galla & David Sherrington, 2005. "Stationary states of a spherical Minority Game with ergodicity breaking," Papers cond-mat/0508413, arXiv.org, revised Aug 2005.
    2. Lustosa, Bernardo C. & Cajueiro, Daniel O., 2010. "Constrained information minority game: How was the night at El Farol?," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 389(6), pages 1230-1238.
    3. Jianrong Wei & Jiping Huang, 2012. "An Exotic Long-Term Pattern in Stock Price Dynamics," PLOS ONE, Public Library of Science, vol. 7(12), pages 1-5, December.
    4. Lim, Gyuchang & Kim, SooYong & Kim, Junghwan & Kim, Pyungsoo & Kang, Yoonjong & Park, Sanghoon & Park, Inho & Park, Sang-Bum & Kim, Kyungsik, 2009. "Structure of a financial cross-correlation matrix under attack," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 388(18), pages 3851-3858.
    5. V. Alfi & L. Pietronero & A. Zaccaria, 2008. "Minimal Agent Based Model For The Origin And Self-Organization Of Stylized Facts In Financial Markets," Papers 0807.1888, arXiv.org.
    6. Campos, Daniel & Llebot, Josep E. & Méndez, Vicenç, 2008. "Limited resources and evolutionary learning may help to understand the mistimed reproduction in birds caused by climate change," Theoretical Population Biology, Elsevier, vol. 74(1), pages 16-21.
    7. G., Mauricio Contreras & Peña, Juan Pablo, 2019. "The quantum dark side of the optimal control theory," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 515(C), pages 450-473.
    8. Gou, Chengling & Guo, Xiaoqian & Chen, Fang, 2008. "Study on system dynamics of evolutionary mix-game models," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 387(25), pages 6353-6359.
    9. Westerhoff, Frank H., 2004. "Greed, fear and stock market dynamics," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 343(C), pages 635-642.
    10. Miroslav Verbic, 2008. "On the Role of Memory in an Asset Pricing Model with Heterogeneous Beliefs," Financial Theory and Practice, Institute of Public Finance, vol. 32(2), pages 195-229.
    11. Kei Katahira & Yu Chen & Gaku Hashimoto & Hiroshi Okuda, 2019. "Development of an agent-based speculation game for higher reproducibility of financial stylized facts," Papers 1902.02040, arXiv.org.
    12. Mello, Bernardo A. & Cajueiro, Daniel O., 2008. "Minority games, diversity, cooperativity and the concept of intelligence," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 387(2), pages 557-566.
    13. Pištěk, Miroslav & Slanina, František, 2011. "Diversity of scales makes an advantage: The case of the Minority Game," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 390(13), pages 2549-2561.
    14. Li, Da-Ye & Nishimura, Yusaku & Men, Ming, 2014. "Fractal markets: Liquidity and investors on different time horizons," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 407(C), pages 144-151.
    15. Karpio, Krzysztof & Załuska–Kotur, Magdalena A. & Orłowski, Arkadiusz, 2007. "Gain–loss asymmetry for emerging stock markets," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 375(2), pages 599-604.
    16. Ben Moews & Gbenga Ibikunle, 2020. "Predictive intraday correlations in stable and volatile market environments: Evidence from deep learning," Papers 2002.10385, arXiv.org.
    17. Moews, Ben & Ibikunle, Gbenga, 2020. "Predictive intraday correlations in stable and volatile market environments: Evidence from deep learning," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 547(C).
    18. Bianconi, Ginestra & Galla, Tobias & Marsili, Matteo & Pin, Paolo, 2009. "Effects of Tobin taxes in minority game markets," Journal of Economic Behavior & Organization, Elsevier, vol. 70(1-2), pages 231-240, May.
    19. Ferreira, Fernando F. & de Oliveira, Viviane M. & Crepaldi, Antônio F. & Campos, Paulo R.A., 2005. "Agent-based model with heterogeneous fundamental prices," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 357(3), pages 534-542.
    20. Miroslav Piv{s}tv{e}k & Frantisek Slanina, 2014. "Diversity of scales makes an advantage: The case of the Minority Game," Papers 1401.4331, arXiv.org.

    More about this item

    Keywords

    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:phsmap:v:389:y:2010:i:8:p:1739-1744. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/physica-a-statistical-mechpplications/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.