Econophysics of the Kolkata Restaurant Problem and Related Games
Boaz Tamir, Asim Ghosh, Arnab Chatterjee, et al.
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Springer International Publishing
Sozialwissenschaften, Recht, Wirtschaft / Volkswirtschaft
Beschreibung
This book provides the first comprehensive introduction to multi-agent, multi-choice repetitive games, such as the Kolkata Restaurant Problem and the Minority Game. It explains how the tangible formulations of these games, using stochastic strategies developed by statistical physicists employing both classical and quantum physics, have led to very efficient solutions to the problems posed. Further, it includes sufficient introductory notes on information-processing strategies employing both classical statistical physics and quantum mechanics. Games of this nature, in which agents are presented with choices, from among which their goal is to make the minority choice, offer effective means of modeling herd behavior and market dynamics and are highly relevant to assessing systemic risk. Accordingly, this book will be of interest to economists, physicists, and computer scientists alike.
Kundenbewertungen
Agent-based models, data-driven science, modeling and theory building, Classical and quantum information processing, The Kolkata Restaurant Problem, Kolkata Paise Restaurant problems, Minority Game, Stochastic strategies in quantum and statistical physics