Cooperation in the Mixed Population Minority Game withImitation

Quan Hong-Jun; Wang Bing-Hong; Hui Pak-Ming; Luo Xiao-Shu

doi:10.1088/0256-307X/18/9/301

Chinese Physics Letters

Cooperation in the Mixed Population Minority Game with Imitation

Quan Hong-Jun^1,2, Wang Bing-Hong^1,3, Hui Pak-Ming³ and Luo Xiao-Shu¹

Published under licence by IOP Publishing Ltd
Chinese Physics Letters, Volume 18, Number 9 Citation Quan Hong-Jun et al 2001 Chinese Phys. Lett. 18 1156 DOI 10.1088/0256-307X/18/9/301

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¹ Department of Modern Physics and Center of Nonlinear Sciences, University of Science and Technology of China and Hefei 230026

² Department of Physics, Shaoguan University, Shaoguan 512005

³ Department of Physics, Chinese University of Hong Kong, Shatin, New Territories, Hong Kong

⁴ To whom correspondence should be addressed.

Dates

Received 5 February 2001

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Abstract

After studying the effects of imitation on the mixed population of adaptive agents with different memories competing in a minority game, we have found that when the pure population lies in a crowded regime, the introduction of imitation can considerably improve cooperation among agents in a money market.

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