arXiv · cond-mat/0501186
Many-Body Theory for Multi-Agent Complex Systems
Abstract
Multi-agent complex systems comprising populations of decision-making particles, have wide application across the biological, informational and social sciences. We uncover a formal analogy between these systems' time-averaged dynamics and conventional many-body theory in Physics. Their behavior is dominated by the formation of 'Crowd-Anticrowd' quasiparticles. For the specific example of the Minority Game, our formalism yields analytic expressions which are in excellent agreement with numerical simulations.
Explore related subjects
Keep this discovery
Explore connections, maps & timelines
Neil F. Johnson, David M. D. Smith, Pak Ming Hui. 2005-01-10. Many-Body Theory for Multi-Agent Complex Systems. https://arxiv.org/abs/cond-mat/0501186
Cite the original work for its findings. Save a collection to share your selection of sources.