Generalized strategies in the Minority Game
arXiv:cond-mat/0004063 · doi:10.1103/PhysRevE.63.017102
Abstract
We show analytically how the fluctuations (i.e. standard deviation) in the Minority Game (MG) can be made to decrease below the random coin-toss limit if the agents use more general behavioral strategies. This suppression of the standard deviation results from a cancellation between the actions of a crowd, in which agents act collectively and make the same decision, and an anticrowd in which agents act collectively by making the opposite decision to the crowd.
Revised manuscript: a few minor typos corrected. Results unaffected
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