282 citations · 1.2k across the 39 of their papers we have counts for
7 papers · 1 filter
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…
Parallel updating cellular automaton models of driven diffusive Frenkel-Kontorova-type systems
Bing-Hong Wang, Y. R. Kwong, P. M. Hui +1
Three cellular automaton (CA) models of increasing complexity are introduced to model driven diffusive systems related to the generalized Frenkel-Kontorova (FK) models recently pro…
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…
Analytical Results For The Steady State Of Traffic Flow Models With Stochastic Delay
Bing-Hong Wang, Lei Wang, P. M. Hui +1
Exact mean field equations are derived analytically to give the fundamental diagrams, i.e., the average speed - car density relations, for the Fukui-Ishibashi one-dimensional traff…
Bose-Einstein condensation of finite number of confined particles
Wenji Deng, P. M. Hui
The partition function and specific heat of a system consisting of a finite number of bosons confined in an external potential are calculated in canonical ensemble. Using the grand…
Cellular automata models of traffic flow along a highway containing a junction
Simon C. Benjamin, Neil F. Johnson, P. M. Hui
We examine various realistic generalizations of the basic cellular automaton model describing traffic flow along a highway. In particular, we introduce a {\em slow-to-start} rule w…