Is the El Farol more efficient when cognitive rational agents have a larger memory size?

Baccan, Davi; Macedo, Luís; Sbruzzi, Elton F.

doi:10.1109/smc.2014.6973881

Cited by 1 publication

(2 citation statements)

References 23 publications

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“…One of the interesting features of the approach is supporting the heterogeneity of agents. The authors in their next work in [14] analyze the effect of extending the memory size and did not find any clue for improvement of system performance.…”

Section: Related Workmentioning

confidence: 99%

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A Two-Dimensional Self-coordination Mechanism of Agents in a Minority Game

Fard¹,

Malazi²

2019

Lecture Notes in Computer Science

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Coordination of several agents in accessing a limited resource is a common problem among various systems. In the absence of a central coordinator, the primary challenge of the problem is to bring equilibrium among agents in accessing a limited shared resource. The El Farol Bar Problem is the generic description of this problem. In this paper, we devised a new two-dimensional approach called Social Coordination (SoCo). In the first dimension, we define a new function, called Effect(), that plays a determinative role in choosing the strategy for the current action. In the second dimension, we define a new social coordination constraint that boosts the system to achieve the entire equilibrium, in which near optimum status in social and individual utilities are reached without any starvation cases. SoCo not only attempts to improve the social utility but also considers the individual utility and starvation as the optimization goals. The simulation results show that SoCo improves social utility by 57.61% compared to similar approaches. The simulations demonstrate that the maximum starvation length of agents in SoCo is 7.93 times less than similar methods.

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Section: Related Workmentioning

confidence: 99%

“…The last evaluation scenario is the scalability of the devised method. Figures 11,12,13,and 14 show the results for 100, 200, 300, and 400 agents, respectively. We used the total individual utility metric to compare these cases since its range does not change with the number of agents.…”

Section: Scalabilitymentioning

confidence: 99%

A Two-Dimensional Self-coordination Mechanism of Agents in a Minority Game

Fard¹,

Malazi²

2019

Lecture Notes in Computer Science

View full text Add to dashboard Cite

show abstract

Is the El Farol more efficient when cognitive rational agents have a larger memory size?

Cited by 1 publication

References 23 publications

A Two-Dimensional Self-coordination Mechanism of Agents in a Minority Game

A Two-Dimensional Self-coordination Mechanism of Agents in a Minority Game

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