2009年9月
Analysis of price behavior in lazy $-game
PHYSICA A-STATISTICAL MECHANICS AND ITS APPLICATIONS
- ,
- ,
- 巻
- 388
- 号
- 18
- 開始ページ
- 3879
- 終了ページ
- 3891
- 記述言語
- 英語
- 掲載種別
- 研究論文(学術雑誌)
- DOI
- 10.1016/j.physa.2009.05.034
- 出版者・発行元
- ELSEVIER SCIENCE BV
A non-cooperative iterated multiagent game, called a minority game, and its variations have been extensively studied in this decade. To increase its market similarity, a $-game was presented by observing the current and the next agent's payoffs. However, since the $-game is defined as an offline game, it is difficult to simulate it in practice. So we propose a new online version of the $-game, called a lazy $-game, and analyze the price behavior of the game. First, we reveal the condition of a bubble phenomenon in the lazy $-game. Next, we investigate the price behavior in the lazy $-game and show that there are some upper/lower bounds of the price as long as both the buyers group and the sellers group are nonempty. Then, we consider the similarity between the lazy $-game and the $-game. Finally, we present some simulation results. (C) 2009 Elsevier B.V. All rights reserved.
Web of Science ® 被引用回数 : 1
Web of Science ® の 関連論文(Related Records®)ビュー
- リンク情報
- ID情報
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- DOI : 10.1016/j.physa.2009.05.034
- ISSN : 0378-4371
- Web of Science ID : WOS:000268533300022