Forgetfulness can help you win games

Burridge, James and Gao, Yu and Mao, Yong (2015) Forgetfulness can help you win games. Physical Review E, 92 . 032119/1-032119/7. ISSN 1550-2376

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We present a simple game model where agents with different memory lengths compete for finite resources. We show by simulation and analytically that an instability exists at a critical memory length, and as a result, different memory lengths can compete and coexist in a dynamical equilibrium. Our analytical formulation makes a connection to statistical urn models, and we show that temperature is mirrored by the agent’s memory. Our simple model of memory may be incorporated into other game models with implications that we briefly discuss.

Item Type: Article
Schools/Departments: University of Nottingham UK Campus > Faculty of Science > School of Physics and Astronomy
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Depositing User: Mao, Yong
Date Deposited: 11 Jul 2016 09:48
Last Modified: 11 Jul 2016 09:48

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