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Minority Game and Kolkata Paise Restaurant Problem

  • Bikas K. ChakrabartiEmail author
  • Arnab Chatterjee
  • Asim Ghosh
  • Sudip Mukherjee
  • Boaz Tamir
Chapter
  • 336 Downloads
Part of the New Economic Windows book series (NEW)

Abstract

The minority game (MG) is a simple two choice game (see also Appendix D) played between N players, where the players are required to make a choice between two options at each step. The players ending up in the minority, i.e. choice with fewer people, receive a fixed positive pay off.

Copyright information

© Springer International Publishing AG 2017

Authors and Affiliations

  • Bikas K. Chakrabarti
    • 1
    • 2
    Email author
  • Arnab Chatterjee
    • 1
    • 3
  • Asim Ghosh
    • 4
    • 5
  • Sudip Mukherjee
    • 6
    • 1
  • Boaz Tamir
    • 7
    • 8
  1. 1.Condensed Matter Physics DivisionSaha Institute of Nuclear PhysicsKolkataIndia
  2. 2.Economic Research UnitIndian Statistical InstituteKolkataIndia
  3. 3.TCS Innovation LabsDelhiIndia
  4. 4.Department of Computer ScienceAalto University School of ScienceEspooFinland
  5. 5.Raghunathpur CollegePuruliaIndia
  6. 6.Department of PhysicsBarasat Government CollegeKolkataIndia
  7. 7.Department of Science Technology and Society, Faculty of Interdisciplinary StudiesBar-Ilan UniversityRamat-GanIsrael
  8. 8.Iyar, The Israeli Institute for Advanced ResearchZikhron YaakovIsrael

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