Slide 1Summary of previous lectures 1.How to treat markets which exhibit normal behaviour (lecture 2). 2.Looked at evidence that stock markets were not always normal, stationary…
Slide 1 Bottom-Up Coordination in the El Farol Game: an agent-based model Shu-Heng Chen, Umberto Gostoli Slide 2 The El Farol Bar Problem (Arthur, 1994) N people decide independently…
Bottom-Up Coordination in the El Farol Game: an agent-based model Bottom-Up Coordination in the El Farol Game: an agent-based model Shu-Heng Chen, Umberto Gostoli 1 The El…