Self-organized networks of competing Boolean agents

Citation
M. Paczuski et al., Self-organized networks of competing Boolean agents, PHYS REV L, 84(14), 2000, pp. 3185-3188
Citations number
17
Categorie Soggetti
Physics
Journal title
PHYSICAL REVIEW LETTERS
ISSN journal
00319007 → ACNP
Volume
84
Issue
14
Year of publication
2000
Pages
3185 - 3188
Database
ISI
SICI code
0031-9007(20000403)84:14<3185:SNOCBA>2.0.ZU;2-I
Abstract
A model of Boolean agents competing in a market is presented where each age nt bases his action on information obtained from a small group of other age nts. The agents play a competitive game that rewards those in the minority. After a long time interval, the poorest player's strategy is changed rando mly, and the process is repeated. Eventually the network; evolves to a stat ionary but intermittent state where random mutation of the worst strategy c an change the behavior of the entire network, often causing a switch in the dynamics between attractors of vastly different lengths.