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Generalized strategies in the Minority Game

M. Hart·P. Jefferies·N. F. Johnson·P. M. Hui
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Abstract

We show analytically how the fluctuations (i.e. standard deviation) in the Minority Game (MG) can be made to decrease below the random coin-toss limit if the agents use more general behavioral strategies. This suppression of the standard deviation results from a cancellation between the actions of a crowd, in which agents act collectively and make the same decision, and an anticrowd in which agents act collectively by making the opposite decision to the crowd.

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M. Hart, P. Jefferies, N. F. Johnson, P. M. Hui. 2000-05-02. Generalized strategies in the Minority Game. https://doi.org/10.1103/physreve.63.017102

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