Self-organized networks of competing boolean agents

Phys Rev Lett. 2000 Apr 3;84(14):3185-8. doi: 10.1103/PhysRevLett.84.3185.

Abstract

A model of Boolean agents competing in a market is presented where each agent bases his action on information obtained from a small group of other agents. The agents play a competitive game that rewards those in the minority. After a long time interval, the poorest player's strategy is changed randomly, and the process is repeated. Eventually the network evolves to a stationary but intermittent state where random mutation of the worst strategy can change the behavior of the entire network, often causing a switch in the dynamics between attractors of vastly different lengths.