Polynomial rate convergence to an invariant measure for the continuum time limit of the Minority Game

Abstract

In this paper we show that the continuum time version of the Minority Game satisfies the criteria for the application of a theorem on the existence of an invariant measure. We consider the special case of a game with "sufficiently" asymmetric initial condition where the number of possible choices for each individual is S=2 and $\Gamma <+\infty$. An upper bound for the asymptotic behavior, as the number of agents grows to infinity, of the waiting time for reaching the stationary state is then obtained.

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References in corpus (1)

• The Interactive Minority Game: a Web-based investigation of human market interactions