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The Interactive Minority Game: Instructions for Experts

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  • Peter Ruch
  • Joseph Wakeling
  • Yi-Cheng Zhang

Abstract

The Interactive Minority Game (IMG) is an online version of the traditional Minority Game in which human players can enter into competition with the traditional computer-controlled agents. Through the rich (and, importantly, analytically understood) behaviour of the MG, we can explore humans' behaviour in different kinds of market--crowded, efficient, critical--with a high degree of control. To make the game easily understandable even to those who are encountering it for the first time, we have presented the game with a rather simplified interface; in this working paper we explain the underlying technical aspects for those who have experience with the traditional MG.

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  • Peter Ruch & Joseph Wakeling & Yi-Cheng Zhang, 2002. "The Interactive Minority Game: Instructions for Experts," Papers cond-mat/0208310, arXiv.org.
    • Handle: RePEc:arx:papers:cond-mat/0208310
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