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Published on: October 29, 2016
Self-organization in populations of competing agents
1Abdus Salam International Center for Theoretical Physics, Strada Costiera 11, P.O. Box 586, 34100 Trieste, Italy and Department of Theoretical Physics, Havana University, San Lazaro y L, Havana 10400, Cuba.
Abstract:
A population of heterogenous agents competing through a minority rule is investigated. Agents which frequently lose are selected for evolution by changing their strategies. The stationary composition of the population resulting from this self-organization process is computed analytically. Results are compared with numerical simulations of two different minority games and other analytical treatments available in the literature.
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