Forgetfulness can help you win games

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 ana...

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Main Authors: Burridge, James, Gao, Yu, Mao, Yong
Format: Article
Published: American Physical Society 2015
Online Access:https://eprints.nottingham.ac.uk/34751/
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author Burridge, James
Gao, Yu
Mao, Yong
author_facet Burridge, James
Gao, Yu
Mao, Yong
author_sort Burridge, James
building Nottingham Research Data Repository
collection Online Access
description 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.
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institution University of Nottingham Malaysia Campus
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publishDate 2015
publisher American Physical Society
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spelling nottingham-347512020-05-04T17:17:16Z https://eprints.nottingham.ac.uk/34751/ Forgetfulness can help you win games Burridge, James Gao, Yu Mao, Yong 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. American Physical Society 2015-09-14 Article PeerReviewed Burridge, James, Gao, Yu and Mao, Yong (2015) Forgetfulness can help you win games. Physical Review E, 92 . 032119/1-032119/7. ISSN 1550-2376 http://journals.aps.org/pre/abstract/10.1103/PhysRevE.92.032119 doi:10.1103/PhysRevE.92.032119 doi:10.1103/PhysRevE.92.032119
spellingShingle Burridge, James
Gao, Yu
Mao, Yong
Forgetfulness can help you win games
title Forgetfulness can help you win games
title_full Forgetfulness can help you win games
title_fullStr Forgetfulness can help you win games
title_full_unstemmed Forgetfulness can help you win games
title_short Forgetfulness can help you win games
title_sort forgetfulness can help you win games
url https://eprints.nottingham.ac.uk/34751/
https://eprints.nottingham.ac.uk/34751/
https://eprints.nottingham.ac.uk/34751/