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This book provides the first comprehensive introduction to multi-agent, multi-choice repetitive games, such as the Kolkata Restaurant Problem and the Minority Game. It explains how the tangible formulations of these games, using stochastic strategies developed by statistical physicists employing...
Persistent link: https://www.econbiz.de/10012397169
volume builds upon the emerging fields of Econophysics, Complexity theory and Quantum like modelling in cognition and social …
Persistent link: https://www.econbiz.de/10014368646
communities (physicists, economists, mathematicians, financial engineers) working in the field of "Econophysics", who have …
Persistent link: https://www.econbiz.de/10014275248
, economists, mathematicians and financial engineers working in the field of "Econophysics, who have undertaken the task of …
Persistent link: https://www.econbiz.de/10014275466
Understanding the distribution of income and wealth in an economy has been a classic problem in economics for the last hundred years. Apart from the rapidly decaying number density of people with their income crossing over to a robust power law for the very rich, known as the Pareto power-law,...
Persistent link: https://www.econbiz.de/10013520831
Econophysics of Games and Social Choices -- Kolkata Paise Restaurant Problem in Some Uniform Learning Strategy Limits … Econophysics. These developments share a common ambition with the already established field of Quantitative Economics. This volume … also included in this volume. The book consists of two parts: the first part concentrates on Econophysics problems and the …
Persistent link: https://www.econbiz.de/10013522717