Tata Institute of Fundamental Research

Stochastic Strategies in Minority Game

Student Seminar
Speaker: V. Sasidevan (Tata Institute of Fundamental Research Department of Theoretical Physics Homi Bhabha Road Navy Nagar Mumbai 400005)
Organiser: Bodhayan Roy
Date: Friday, 22 Mar 2013, 14:30 to 16:00
Venue: A-212 (STCS Seminar Room)

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Abstract:  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.