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Springer Econophysics of the Kolkata Restaurant Problem and Related Games: Classical and Quantum Strategies for Multi-agent, Multi-choice Repetitive Games (New Economic Windows)

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£104.88 £86.90 £90.82 £94.74 £98.67 £102.59 £106.52 25 July 2026 16 August 2026 07 September 2026 29 September 2026 21 October 2026
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Description

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.

Product Specifications

Format
paperback
Domain
Amazon UK
Release Date
07 August 2018
Listed Since
08 August 2018

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