Journal
PHYSICA A-STATISTICAL MECHANICS AND ITS APPLICATIONS
Volume 323, Issue -, Pages 726-734Publisher
ELSEVIER SCIENCE BV
DOI: 10.1016/S0378-4371(03)00048-7
Keywords
minority game; coordination; laboratory experiment
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We designed and conducted an experiment to see how people play the standard minority game. The experiment was conducted at the computer lab, using a special software, with a group of 15 students. Collected informations comprise individual choices and individual wealth after each time step. The results, in particular the coordination of the agents, measured by the volatility of the system, are compared for different amount of informations available to the agents. (C) 2003 Published by Elsevier Science B.V.
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