Multi-agent complex systems and many-body physics

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Abstract

Multi-agent complex systems comprising populations of decision-making particles, have many potential applications across the biological, informational and social sciences. We show that the time-averaged dynamics in such systems bear a striking resemblance to conventional many-body physics. For the specific example of the Minority Game, this analogy enables us to obtain analytic expressions which are in excellent agreement with numerical simulations. © EDP Sciences.

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Johnson, N. F., Smith, D. M. D., & Hui, P. M. (2006). Multi-agent complex systems and many-body physics. Europhysics Letters, 74(5), 923–929. https://doi.org/10.1209/epl/i2005-10588-9

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