Minority game and Kolkata Paise Restaurant problem

Authors

Bikas K. Chakrabarti, Saha Institute of Nuclear Physics
Arnab Chatterjee, Saha Institute of Nuclear Physics
Asim Ghosh, Aalto University
Sudip Mukherjee, Saha Institute of Nuclear Physics
Boaz Tamir, Bar-Ilan University

Document Type

Book Chapter

Publication Title

New Economic Windows

Abstract

The minority game (MG) is a simple two choice game (see also Appendix D) played between N players, where the players are required to make a choice between two options at each step. The players ending up in the minority, i.e. choice with fewer people, receive a fixed positive pay off.

First Page

43

Last Page

54

DOI

10.1007/978-3-319-61352-9_5

Publication Date

1-1-2017

Recommended Citation

Chakrabarti, Bikas K.; Chatterjee, Arnab; Ghosh, Asim; Mukherjee, Sudip; and Tamir, Boaz, "Minority game and Kolkata Paise Restaurant problem" (2017). Book Chapters. 108.
https://digitalcommons.isical.ac.in/book-chapters/108