Stochastic Strategies in Minority Game

Speaker: 

V. Sasidevan

Affiliation: 

Tata Institute of Fundamental Research
Department of Theoretical Physics
Homi Bhabha Road
Navy Nagar
Mumbai 400005

Time: 

Friday, 22 March 2013, 14:30 to 16:00

Venue: 

Organisers: 

Minority Game was introduced as a model  for competition between interacting agents in scarce resource conditions. In the  game, an odd number of players each must choose one of two possible choices independently at each turn and the players who end up on the minority side win. I will discuss several features of this  game with special emphasis on the case where players use stochastic strategies.