Showing 1 - 10 of 18
Generalization of the minority game to more than one market is considered. At each time step, every agent chooses one of its strategies and acts on the market related to this strategy. If the payoff function allows for strong fluctuation of utility then market occupancies become inhomogeneous...
Persistent link: https://www.econbiz.de/10013150325
Generalization of the minority game to more than one market is considered. At each time step every agent chooses one of its strategies and acts on the market related to this strategy. If the payoff function allows for strong fluctuation of utility then market occupancies become inhomogeneous...
Persistent link: https://www.econbiz.de/10013059416
We study minority games in efficient regime. By incorporating the utility function and aggregating agents with similar strategies we develop an effective mesoscale notion of state of the game. Using this approach, the game can be represented as a Markov process with substantially reduced number...
Persistent link: https://www.econbiz.de/10013059421
We study minority games in efficient regime. By incorporating the utility function and aggregating agents with similar strategies we develop an effective mesoscale notion of state of the game. Using this approach, the game can be represented as a Markov process with substantially reduced number...
Persistent link: https://www.econbiz.de/10009372118
We present a comprehensive study of utility function of the minority game in its efficient regime. We develop an effective description of state of the game. For the payoff function g(x) = sgn(x) we explicitly represent the game as the Markov process and prove the finitness of number of states....
Persistent link: https://www.econbiz.de/10014149014
Generalization of the minority game to more than one market is considered. At each time step, every agent chooses one of its strategies and acts on the market related to this strategy. If the payoff function allows for strong fluctuation of utility then market occupancies become inhomogeneous...
Persistent link: https://www.econbiz.de/10008512514
We present a comprehensive study of utility function of the minority game in its efficient regime. We develop an effective description of state of the game. For the payoff function g(x) = sgn (x), we explicitly represent the game as the Markov process and prove the finiteness of number of...
Persistent link: https://www.econbiz.de/10008497098
We present a comprehensive study of utility function of the minority game in its efficient regime. We develop an effective description of state of the game. For the payoff function $g(x)=\sgn (x)$ we explicitly represent the game as the Markov process and prove the finitness of number of states....
Persistent link: https://www.econbiz.de/10005098876
Generalization of the minority game to more than one market is considered. At each time step every agent chooses one of its strategies and acts on the market related to this strategy. If the payoff function allows for strong fluctuation of utility then market occupancies become inhomogeneous...
Persistent link: https://www.econbiz.de/10005099438
One of the methodologies that carry out the division of the electrical grid into zones is based on the aggregation of nodes characterized by similar Power Transfer Distribution Factors (PTDFs). Here, we point out that satisfactory clustering algorithm should take into account two aspects. First,...
Persistent link: https://www.econbiz.de/10013059407