Minority game
From Wikipedia, the free encyclopedia
Minority Game is a game proposed by Yi-Cheng Zhang and Damien Challet from the University of Fribourg. It is inspired by the El Farol bar problem, which is a simple model that shows how (selfish) players cooperate with each other in the absence of communication. In the Minority Game, an odd number of players have to choose one of two choices independently at each turn. The players who end up on the minority side win.
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| Topics in game theory | |
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Definitions |
Normal form game · Extensive form game · Cooperative game · Information set · Preference |
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Nash equilibrium · Subgame perfection · Bayes-Nash · Trembling hand · Correlated equilibrium · Sequential equilibrium · Quasi-perfect equilibrium · Evolutionarily stable strategy |
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Dominant strategies · Mixed strategy · Grim trigger · Tit for Tat |
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Classes of games |
Symmetric game · Perfect information · Dynamic game · Repeated game · Signaling game · Cheap talk · Zero-sum game · Mechanism design |
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Prisoner's dilemma · Coordination game · Chicken · Battle of the sexes · Stag hunt · Matching pennies · Ultimatum game · Minority game · Rock, Paper, Scissors · Pirate game · Dictator game |
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Theorems |
Minimax theorem · Purification theorems · Folk theorem · Revelation principle |
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Related topics |
Mathematics · Economics · Behavioral economics · Evolutionary game theory · Population genetics · Behavioral ecology · Adaptive dynamics · List of game theorists |
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