Modeling Market Mechanism with Evolutionary Games

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This is an essay solicited by Europhysics News, published in its March/April 1998 issue with slight modifications. We outline some highlights of the econophysics models, especially the so-called Minority model of competition and evolution. Even without the usual math, this essay offers an analytical solution to the Minority model, revealing some key features of the solution.
4 pages, no figures

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Soft Condensed Matter, Adaptation and Self-Organizing Systems, Disordered Systems and Neural Networks

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http://salesiana.dossiersoluciones.com/handle/123456789/28168

Consulte el texto completo en el siguiente enlace:

https://arxiv.org/abs/cond-mat/9803308
 http://arxiv.org/abs/cond-mat/9803308
 Europhysics News (March/April Issue, 1998)

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arXiv