Emergence of Cooperation and Organization in an Evolutionary Game

Abstract

A binary game is introduced and analysed. N players have to choose one of the two sides independently and those on the minority side win. Players uses a finite set of ad hoc strategies to make their decision, based on the past record. The analysing power is limited and can adapt when necessary. Interesting cooperation and competition pattern of the society seem to arise and to be responsive to the payoff function.

8 pages, 13 figures

References in corpus (1)

• Fluctuations around Nash Equilibria in Game Theory

Cited by in corpus (259)

• Evolutionary games on graphs
• Multifractal analysis of financial markets
• Memory-Based Snowdrift Game on Networks
• On the Minority Game : Analytical and Numerical Studies
• Statistical mechanics of systems with heterogeneous agents: Minority Games
• Toward a Theory of Marginally Efficient Markets
• Modeling Market Mechanism with Minority Game
• Irrelevance of memory in the minority game
• Evolutionary Prisoner's Dilemma on heterogeneous Newman-Watts small-world network
• Phase Transition and Symmetry Breaking in the Minority Game
• Expectation bubbles in a spin model of markets: Intermittency from frustration across scales
• A thermal model for adaptive competition in a market
• Stylized facts of financial markets and market crashes in Minority Games
• Self-Organized Segregation within an Evolving Population
• Self-organized Networks of Competing Boolean Agents
• Competition in Social Networks: Emergence of a Scale-free Leadership Structure and Collective Efficiency
• Quantum games: a review of the history, current state, and interpretation
• Cross-correlation in financial dynamics
• Dynamics of price and trading volume in a spin model of stock markets with heterogeneous agents
• Exact solution of a modified El Farol's bar problem: Efficiency and the role of market impact
• Microscopic Models for Long Ranged Volatility Correlations
• A Nonlinear Super-Exponential Rational Model of Speculative Financial Bubbles
• Emergence of long memory in stock volatility from a modified Mike-Farmer model
• Inductive Reasoning Games as Influenza Vaccination Models: Mean Field Analysis
• Predictability of large future changes in a competitive evolving population
• Relevance of memory in Minority Games
• Self-Segregation vs. Clustering in the Evolutionary Minority Game
• Criticality and finite size effects in a simple realistic model of stock market
• Volatility and Agent Adaptability in a Self-Organizing Market
• Generating Functional Analysis of the Dynamics of the Batch Minority Game with Random External Information
• Crowd-anticrowd theory of the Minority Game
• Theory of the evolutionary minority game
• Volatile Decision Dynamics: Experiments, Stochastic Description, Intermittency Control, and Traffic Optimization
• Continuum time limit and stationary states of the Minority Game
• Econophysics of adaptive power markets: When a market does not dampen fluctuations but amplifies them
• Mean-field approximation for a limit order driven market model
• Generic Emergence of Power Law Distributions and Lévy-Stable Intermittent Fluctuations in Discrete Logistic Systems
• Dynamic Evolution of Complex Networks: A Reinforcement Learning Approach Applying Evolutionary Games to Community Structure
• Functional Correlation Approach to Operational Risk in Banking Organizations
• Experimental implementation of a four-player quantum game
• Continuous time dynamics of the Thermal Minority Game
• On the probability distribution of stock returns in the Mike-Farmer model
• Risk trading, network topology, and banking regulation
• Shedding light on El Farol
• The Local Minority Game
• The Hamming Distance in the Minority Game
• Minority game with arbitrary cutoffs
• Self-organization of value and demand
• Effects of Contrarians in the Minority Game
• Destination Choice Game: A Spatial Interaction Theory on Human Mobility
• Realizing Wardrop Equilbria with Real-Time Traffic Information
• Deterministic Dynamics in the Minority Game
• Evolution in Minority Games II. Games with Variable Strategy Spaces
• Complexity analysis of the stock market
• Random Matrix Theory and Cross-correlations in Global Financial Indices and Local Stock Market Indices
• Dynamics of Multidimensional Secession
• Self-organized Boolean game on networks
• Enhanced winnings in a mixed-ability population playing a minority game
• Critical comparison of several order-book models for stock-market fluctuations
• Adaptive Boolean Networks and Minority Games with Time--Dependent Capacities
• Dynamics of the Batch Minority Game with Inhomogeneous Decision Noise
• Optional games on cycles and complete graphs
• The Stable Marriage Problem: an Interdisciplinary Review from the Physicist's Perspective
• Generalized strategies in the Minority Game
• Minority Games With Applications to Distributed Decision Making and Control in Wireless Networks
• Evolution in Minority Games I. Games with a Fixed Strategy Space
• Emerging behavior in electronic bidding
• Bifurcations in models of a society of reasonable contrarians and conformists
• Minority Games and stylized facts
• Giant catalytic effect of altruists in Schelling's segregation model
• Theory of Networked Minority Games based on Strategy Pattern Dynamics
• Persistence Probabilities of the German DAX and Shanghai Index
• The Minority Game with Variable Payoffs
• On return-volatility correlation in financial dynamics
• Trading behavior and excess volatility in toy markets
• Artificial intelligence meets minority game: toward optimal resource allocation
• Dynamical Solution of the On-Line Minority Game
• Cooperation amongst competing agents in minority games
• Fluctuations and Market Friction in Financial Trading
• Capital flow in a two-component dynamical system
• Time-Dependent Random Walks and the Theory of Complex Adaptive Systems
• Broken ergodicity and memory in the minority game
• Turnover, account value and diversification of real traders: evidence of collective portfolio optimizing behavior
• Coalitions in the quantum Minority game: classical cheats and quantum bullies
• Fashion, Cooperation, and Social Interactions
• Reply to Comment on ``Thermal Model for Adaptive Competition in a Market''
• Universal structural estimator and dynamics approximator for complex networks
• Models of Financial Markets with Extensive Participation Incentives
• Empirical regularities of order placement in the Chinese stock market
• Continuous transition of social efficiencies in the stochastic strategy Minority Game
• Searching good strategies in adaptive minority games
• Time series analysis for minority game simulations of financial markets
• Promote cooperation by localised small-world communication
• Detecting the traders' strategies in Minority-Majority games and real stock-prices
• Evolutionary minority game with heterogeneous strategy distribution
• A New Stochastic Strategy for the Minority Game
• Self organization in a minority game: the role of memory and a probabilistic approach
• The Minority Game with interactions
• Generalized minority games with adaptive trend-followers and contrarians
• Evolutionary Minority Games: the benefits of imitation
• Adaptive drivers in a model of urban traffic
• Theory of enhanced performance emerging in a sparsely-connected competitive population
• Harms and benefits from social imitation
• Social organization in the Minority Game model
• Multi-Choice Minority Game
• Temporal oscillations and phase transitions in the evolutionary minority game
• Equivalence between Bell inequalities and quantum Minority game
• Global Optimization of Minority Game by Smart Agents
• Dynamics of a spherical minority game
• Minority Game With Peer Pressure
• Strategy Selection in the Minority Game
• Bidding process in online auctions and winning strategy:rate equation approach
• Stylized facts in minority games with memory: a new challenge
• Learning to coordinate in a complex and non-stationary world
• Statistical properties of the attendance time series in the minority game
• Statistical mechanics of the majority game
• Dynamics of the Time Horizon Minority Game
• Study of the Wealth Inequality in the Minority Game
• Minority games, evolving capitals and replicator dynamics
• The Interactive Minority Game: a Web-based investigation of human market interactions
• Topological bifurcations in a model society of reasonable contrarians
• Agent-Based Models in Social Physics
• Generating functional analysis of Minority Games with real market histories
• Intelligent systems in the context of surrounding environment
• Dynamical spin-glass-like behavior in an evolutionary game
• Self-organization, resources and strategies in a minority game
• Physicists attempt to scale the ivory towers of finance
• Mixed population Minority Game with generalized strategies
• A statistical physics perspective on criticality in financial markets
• Development of an agent-based speculation game for higher reproducibility of financial stylized facts
• Colored minority games
• Price Drops, Fluctuations, and Correlation in a Multi-Agent Model of Stock Markets
• Quantum Walk with Jumps
• Statistical Mechanics of Competitive Resource Allocation using Agent-based Models
• Dynamics of Bid-ask Spread Return and Volatility of the Chinese Stock Market
• Thermal treatment of the minority game
• A competitive game whose maximal Nash-equilibrium payoff requires quantum resources for its achievement
• The minority game: effects of strategy correlations and timing of adaptation
• Relating the microscopic rules in coalescence-fragmentation models to the macroscopic cluster size distributions which emerge
• Strategy switches and co-action equilibria in a minority game
• Memory is relevant in the symmetric phase of the minority game
• Memory effect and multifractality of cross-correlations in financial markets
• A Structural Model for Fluctuations in Financial Markets
• Dynamical instabilities in a simple minority game with discounting
• No-boarding buses: Synchronisation for efficiency
• Impact of meta-order in the Minority Game
• Socio-economic inequalities: a statistical physics perspective
• Adaptation using hybridized genetic crossover strategies
• Effects of Diversity on Multi-agent Systems: Minority Games
• Evolution and anti-evolution in a minimal stock market model
• Dynamical quenching and annealing in self-organization multiagent models
• Bid distributions of competing agents in simple models of auctions
• Minority mechanisms in models of agents learning collectively a resource level
• Theory of Phase Transition in the Evolutionary Minority Game
• Biology helps you to win a game
• Strategy updating rules and strategy distributions in dynamical multiagent systems
• Evolutionary freezing in a competitive population
• Strategy correlations and timing of adaptation in Minority Games
• Agents Play Mix-game
• Modelling an Imperfect Market
• Self-organization in populations of competing agents
• Understanding Financial Market States Using Artificial Double Auction Market
• El Farol Revisited
• Quenching and Annealing in the Minority Game
• On the possibility of optimal investment
• The Emergence of Leadership in Social Networks
• Segregation in a competing and evolving population
• No-boarding buses: Agents allowed to cooperate or defect
• Evolutionary Dynamics and the Phase Structure of the Minority Game
• Parallel Minority Game and it's application in movement optimization during an epidemic
• Adapting to heterogeneous comfort levels
• Dynamic Behaviors of Mix-game Model and Its Applications
• Stationary states of a spherical Minority Game with ergodicity breaking
• Distribution of the number of fitness maxima in Fisher's Geometric Model
• Algorithmic Complexity of Real Financial Markets
• Division of Labor as the Result of Phase Transition
• Multi-Agent Complex Systems and Many-Body Physics
• Enhanced Winning in a Competing Population by Random Participation
• A self-adjusted Monte Carlo simulation as model of financial markets with central regulation
• Minority Game of price promotions in fast moving consumer goods markets
• Boolean Game on Scale-free Networks
• Market behavior and performance of different strategy evaluation schemes
• Phase Structure of Resource Allocation Games
• Invisible Hand Effect in an Evolutionary Minority Game Model
• Anatomy of extreme events in a complex adaptive system
• Strategy bifurcation and spatial inhomogeneity in a simple model of competing sellers
• How To Attain Maximum Profit In Minority Game?
• Memory and self-induced shocks in an evolutionary population competing for limited resources
• Herding interactions as an opportunity to prevent extreme events in financial markets
• Minority Game: a mean-field-like approach
• Optimal coordination of resources: A solution from reinforcement learning
• Deduction of Initial Strategy Distributions of Agents in Mix-game Model
• An Investigation of Crash Avoidance in a Complex System
• Cooperativity in a trading model with memory and production
• Symmetry in Critical Random Boolean Network Dynamics
• Order and disorder in the Local Evolutionary Minority Game
• Generating functional analysis of minority games with inner product strategy definitions
• Effects of substrate network topologies on competition dynamics
• Transition in the Waiting-Time Distribution of Price-Change Events in a Global Socioeconomic System
• Coupled effects of market impact and asymmetric sensitivity in financial markets
• Self-organization in a distributed coordination game through heuristic rules
• Three Different Ways Synchronization Can Cause Contagion in Financial Markets
• Evolutionary Minority Game: The Roles of Response Time and Mutation Threshold
• When Big Data Fails! Relative success of adaptive agents using coarse-grained information to compete for limited resources
• Generating functional analysis of batch minority games with arbitrary strategy numbers
• Effect of detailed information in Minority Game: Optimality of 2-day memory and enhanced efficiency due to random exogenous data
• Theory of agent-based market models with controlled levels of greed and anxiety
• Phenomenology of minority games in efficient regime
• Hierarchically Organized Minority Games
• Multi-market minority game: breaking the symmetry of choice
• Imitation of Success Leads to Cost of Living Mediated Fairness in the Ultimatum Game
• Trading Model with Pair Pattern Strategies
• The Full Strategy Minority Game
• Dynamics of the Minority Game for Patients
• Multiplpe Choice Minority Game With Different Publicly Known Histories
• Stochastic Bifurcations in the Nonlinear Parallel Ising Model
• Theory of the Three-Group Evolutionary Minority Game
• Statistical properties of absolute log-returns and a stochastic model of stock markets with heterogeneous agents
• Incorporating Inertia Into Multi-Agent Systems
• The co-evolutionary dynamics of directed network of spin market agents
• Dynamics of adaptive agents with asymmetric information
• The Minority Game: a statistical physics perspective
• The cavity method for minority games between arbitrageurs on financial markets
• Optimizing evacuation flow in a two-channel exclusion process
• Hint of a Universal Law for the Financial Gains of Competitive Sport Teams. The case of Tour de France cycle race
• Self-reinforcing feedback loop in financial markets with coupling of market impact and momentum traders
• Darwinian Selection and Non-existence of Nash Equilibria
• Self-organized global control of carbon emissions
• Market response to external events and interventions in spherical minority games
• Statistical Mechanics of Dilute Batch Minority Games with Random External Information
• Maximise global gain in the minority game
• Structure-preserving desynchronization of minority games
• Self-Fulfilling Signal of an Endogenous State in Network Congestion Games
• An evolutionary game model for behavioral gambit of loyalists: Global awareness and risk-aversion
• Influence of external information in the minority game
• Heuristics in experiments with infinitely large strategy spaces
• From Minority Game to Black & Scholes pricing
• Canalization in the Critical States of Highly Connected Networks of Competing Boolean Nodes
• Effective memory of the minority game
• Achieving perfect coordination amongst agents in the co-action minority game
• When and how much the altruism impacts your privileged information? Proposing a new paradigm in game theory: The boxers game
• Mesoscopic approach to minority games in herd regime
• Physics and Financial Economics (1776-2014): Puzzles, Ising and Agent-Based models
• Diversity of scales makes an advantage: The case of the Minority Game
• From naive to sophisticated behavior in multiagents based financial market models
• Percolation and depinning transitions in cut-and-paste models of adaptation
• Modelling competition for space: Emergent inefficiency and inequality due to spatial self-organization among a group of crowd-avoiding agents
• Effects of payoff functions and preference distributions in an adaptive population
• Complex Cooperative Behaviour in Range-free Frustrated Many-body Systems
• Diversity and Adaptation in Large Population Games
• An empirical behavioural order-driven model with price limit rules
• Taking a shower in Youth Hostels: risks and delights of heterogeneity
• Survival probabilities in time-dependent random walks
• Mean-field theory of vector spin models on networks with arbitrary degree distributions
• Playing The Hypothesis Testing Minority Game In The Maximal Reduced Strategy Space
• Uncovering the non-equilibrium stationary properties in sparse Boolean networks
• Overcoming the complexity barrier of the dynamic message-passing method in networks with fat-tailed degree distributions
• Spontaneous divergence of disease status in an economic epidemiological game
• Diffusion and localization of relative strategy scores in the Minority Game