Multi-Agent Complex Systems and Many-Body Physics
arXiv:physics/0604121 · doi:10.1209/epl/i2005-10588-9
Abstract
Multi-agent complex systems comprising populations of decision-making particles, have many potential applications across the biological, informational and social sciences. We show that the time-averaged dynamics in such systems bear a striking resemblance to conventional many-body physics. For the specific example of the Minority Game, this analogy enables us to obtain analytic expressions which are in excellent agreement with numerical simulations.
Accepted for publication in Europhysics Letters
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