Ren, F.; Zheng, B.; Qiu, T.; Trimper, S. - In: Physica A: Statistical Mechanics and its Applications 371 (2006) 2, pp. 649-657
Payoffs which depend on the scores of the strategies are introduced into the standard Minority Game (MG). The double-periodicity behavior of the standard model is consequently removed, and stylized facts arise, such as long-range volatility correlations and “fat-tails” of the probability...