Theory of the evolutionary minority game
- 1 September 2000
- journal article
- research article
- Published by American Physical Society (APS) in Physical Review E
- Vol. 62 (3) , 4393-4396
- https://doi.org/10.1103/physreve.62.4393
Abstract
We present a theory describing a recently introduced model of an evolving, adaptive system in which agents compete to be in the minority. The agents themselves are able to evolve their strategies over time in an attempt to improve their performance. The theory explicitly demonstrates the self-interaction, or market impact, that agents in such systems experience.All Related Versions
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