Irrelevance of memory in the minority game

Authors
Cavagna, A
Citation
A. Cavagna, Irrelevance of memory in the minority game, PHYS REV E, 59(4), 1999, pp. R3783-R3786
Citations number
10
Categorie Soggetti
Physics
Journal title
PHYSICAL REVIEW E
ISSN journal
1063651X → ACNP
Volume
59
Issue
4
Year of publication
1999
Pages
R3783 - R3786
Database
ISI
SICI code
1063-651X(199904)59:4<R3783:IOMITM>2.0.ZU;2-#
Abstract
By means of extensive numerical simulations, we show that all the distincti ve features of the minority game introduced by Challet and Zhang [Physica A 256, 514 (1998)] are completely independent of the memory of the agents. T he only crucial requirement is that all the individuals must possess the sa me information, irrespective of whether this information is true or false.