The dynamics of the the evolutionary version of the minority game was explored with a strategy updating rule of the of form p→p±δp (0≤p≤1). It was found that the strategy distribution depends strongly on the values of the prize-to-fine ratio, the length scale, and the type of boundary condition used. Agents characterized by p=1/2 exhibited the best chances of survival at asymptotically long times.
|Physical Review E - Statistical, Nonlinear, and Soft Matter Physics
|Published - Aug 2003