5 citations · 12 across the 13 of their papers we have counts for
4 papers · 1 filter
Crowd-Anticrowd Theory of Multi-Agent Minority Games
Michael L. Hart, Neil F. Johnson
We present a formal treatment of the Crowd-Anticrowd theory of Minority Games played by a population of competing agents. This theory is built around a description of the crowding…
Stochastic strategies in the Minority Game
M. Hart, P. Jefferies, N. F. Johnson +1
We show analytically how the fluctuations (i.e. standard deviation) in the Minority Game (MG) can decrease below the random coin-toss limit if the agents use more general, stochast…
Crowd-anticrowd model of the Minority Game
M. Hart, P. Jefferies, N. F. Johnson +1
We provide a theoretical description of the Minority Game in terms of crowd effects. The size of the fluctuations arising in the game is controlled by the interplay between crowds…
Crowd effects and volatility in a competitive market
Neil F. Johnson, Michael Hart, Pak Ming Hui
We present analytic and numerical results for two models, namely the minority model and the bar-attendance model, which offer simple paradigms for a competitive marketplace. Both m…