154 citations · 1.2k across the 65 of their papers we have counts for
3 papers · 1 filter
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…
Self-Organized Segregation within an Evolving Population
Neil F. Johnson, Pak Ming Hui, Rob Jonson +1
An evolving population, in which individual members (`agents') adapt their behaviour according to past experience, is of central importance to many disciplines. Because of their li…
Volatility and Agent Adaptability in a Self-Organizing Market
N. F. Johnson, S. Jarvis, R. Jonson +3
We present results for the so-called `bar-attendance' model of market behavior: adaptive agents, each possessing prediction rules chosen randomly from a pool, attempt to at…