Challet, Damien; Marsili, Matteo; Zhang, Yi-Cheng - In: Physica A: Statistical Mechanics and its Applications 299 (2001) 1, pp. 228-233
The minority game is a generic model of competing adaptive agents, which is often believed to be a model of financial markets. We discuss to which extent this is a reasonable statement, and present minimal modifications that make this model reproduce stylized facts. The resulting model shows...