Dynamical Mechanisms in Multi-agent Systems: Minority Games [article]

K. Y. Michael Wong, S. W. Lim, Zhuo Gao
2003 arXiv   pre-print
We consider a version of large population games whose agents compete for resources using strategies with adaptable preferences. Diversity among the agents reduces their maladpative behavior. We find interesting scaling relations with diversity for the variance of decisions. When diversity increases, the scaling dynamics is modified by kinetic sampling and waiting mechanisms.
arXiv:cond-mat/0310607v2 fatcat:zmffk6txazf2dhr2pps34kh2tu