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Adaptive Competition, Market Efficiency, and Phase Transitions
3 references·16 citing·41 second hop
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References

  • 1970Efficient Capital Markets: A Review of Theory and Empirical Work13,616 cited
  • 1991Efficient Capital Markets: II5,346 cited
  • 1997Emergence of cooperation and organization in an evolutionary game924 cited

Cited by

  • 2011Econophysics review: II. Agent-based models258 cited
  • 2000Statistical Mechanics of Systems with Heterogeneous Agents: Minority Games239 cited
  • 2000Modeling market mechanism with minority game191 cited
  • 1999Phase transition and symmetry breaking in the minority game174 cited
  • 1999Thermal Model for Adaptive Competition in a Market165 cited
  • 2001Stylized facts of financial markets and market crashes in Minority Games162 cited
  • 1999Physicists attempt to scale the ivory towers of finance138 cited
  • 2000Self-Organized Networks of Competing Boolean Agents135 cited
  • 2001From market games to real-world markets126 cited
  • 2004Competition-Driven Network Dynamics: Emergence of a Scale-Free Leadership Structure and Collective Efficiency125 cited
  • 2000Exact solution of a modified El Farol's bar problem: Efficiency and the role of market impact101 cited
  • 2002A SIMPLE MODEL OF PRICE FORMATION

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99 cited
  • 2001Market mechanism and expectations in minority and majority games88 cited
  • 2001Predictability of Large Future Changes in a Competitive Evolving Population88 cited
  • 2000Relevance of memory in minority games82 cited
  • 2002Self-Segregation versus Clustering in the Evolutionary Minority Game81 cited