Irrelevance of memory in the minority game
- 1 April 1999
- journal article
- research article
- Published by American Physical Society (APS) in Physical Review E
- Vol. 59 (4) , R3783-R3786
- https://doi.org/10.1103/physreve.59.r3783
Abstract
By means of extensive numerical simulations, we show that all the distinctive features of the minority game introduced by Challet and Zhang [Physica A 256, 514 (1998)] are completely independent of the memory of the agents. The only crucial requirement is that all the individuals must possess the same information, irrespective of whether this information is true or false.Keywords
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This publication has 4 references indexed in Scilit:
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