Econophysics of the Kolkata Restaurant problem and related games : classical and quantum strategies for multi-agent, multi-choice repetitive games /

Econophysics of the Kolkata Restaurant problem and related games : classical and quantum strategies for multi-agent, multi-choice repetitive games /

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Bibliographic Details
Author / Creator:	Chakrabarti, B. K. (Bikas K.), 1952- author.
Imprint:	Cham, Switzerland : Springer, 2017. ©2017
Description:	1 online resource
Language:	English
Series:	New economic windows New economic windows.
Subject:	Finance -- Mathematical models. Business -- Mathematical models. Statistical physics. Business -- Mathematical models. Finance -- Mathematical models. Statistical physics. Electronic books.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/11322936

Hidden Bibliographic Details
Other authors / contributors:	Chatterjee, Arnab, author. Ghosh, Asim, author. Mukherjee, Sudip, author. Tamir, Boaz, author.
ISBN:	9783319613529 3319613529 3319613510 9783319613512 9783319613512 3319613510
Digital file characteristics:	text file PDF
Notes:	Includes bibliographical references and index. Online resource; title from PDF title page (EBSCO, viewed August 21, 2017).
Summary:	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.--
Other form:	Print version: Chakrabarti, B.K. (Bikas K.), 1952- Econophysics of the Kolkata Restaurant problem and related games. Cham, Switzerland : Springer, 2017 3319613510 9783319613512
Standard no.:	10.1007/978-3-319-61352-9 9783319613512

Table of Contents:

Introduction
Kolkata Paise Restaurant problem
Phase transition in the Kolkata Paise Restaurant problem
Zipf's law from Kolkata Paise Restaurant problem
Minority Game and Kolkata Paise Restaurant problem
From classical games, the Kokata Paise Restaurant game, to Quantum Games
Some recent developments: A brief discussion.