Self-Organized Networks of Competing Boolean Agents
Phys. Rev. Lett., 84 (14):
3185 (2000)DOI: 10.1103/PhysRevLett.84.3185
Abstract
A model of Boolean agents competing in a market is presented where each agent bases his action on information obtained from a small group of other agents. The agents play a competitive game that rewards those in the minority. After a long time interval, the poorest player's strategy is changed randomly, and the process is repeated. Eventually the network evolves to a stationary but intermittent state where random mutation of the worst strategy can change the behavior of the entire network, often causing a switch in the dynamics between attractors of vastly different lengths.