-action minority game. We argue that the agents will try to get into a cyclic state, where each of the (2N+1) agents wins exactly N …

In minority games, players in a group must decide at each round which of two available options to choose, knowing that … only subjects who picked the minority option obtain a positive reward. Previous experiments on the minority and similar … conforming to Nash equilibrium behavior. We conduct an experiment on a minority-of-three game in which each player is a team …