Temporal oscillations and phase transitions in the evolutionary minority game

Ehud Nakar1, Shahar Hod

  • 1The Racah Institute of Physics, The Hebrew University, Jerusalem 91904, Israel.

Summary

Adaptive agents in minority-seeking societies exhibit dynamic behavior, not a stable state. Temporal oscillations in winning probabilities, influenced by the prize-to-fine ratio (R), drive transitions between self-segregation and clustering.

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