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Three-option evolutionary minority game on small-world network

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  • 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
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    References listed on IDEAS

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    1. Johnson, Neil F. & Jefferies, Paul & Hui, Pak Ming, 2003. "Financial Market Complexity," OUP Catalogue, Oxford University Press, number 9780198526650.
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