Econophysics Of The Kolkata Restaurant Problem And Related Games: Classical And Quantum Strategies For Multi-agent, Multi-choice Repetitive Games

byBikas K. Chakrabarti, Arnab Chatterjee, Asim Ghosh

Hardcover | July 27, 2017

Econophysics Of The Kolkata Restaurant Problem And Related Games: Classical And Quantum Strategies For Multi-agent, Multi-choice Repetitive Games by Bikas K. Chakrabarti
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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.

Bikas K. Chakrabarti of Saha Institute of Nuclear Physics, Kolkata, India is a Professor of Theoretical Condensed Matter Physics at the Saha Institute of Nuclear Physics and a Visiting Professor of Economics at the Indian Statistical Institute. He has research interests in statistical physics, condensed matter physics, computational ph...
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Title:Econophysics Of The Kolkata Restaurant Problem And Related Games: Classical And Quantum Strategies ...Format:HardcoverProduct dimensions:208 pages, 9.25 X 6.1 X 0 inShipping dimensions:208 pages, 9.25 X 6.1 X 0 inPublished:July 27, 2017Publisher:Springer-Verlag/Sci-Tech/TradeLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:3319613510

ISBN - 13:9783319613512

Appropriate for ages: All ages

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