Please use this identifier to cite or link to this item: http://hdl.handle.net/11718/21830
Title: Emergence of distributed coordination in the Kolkata Paise Restaurant problem with finite information
Other Titles: Physica A
Authors: Ghosh, Diptesh
Chakrabarti, Anindya
Keywords: Minority games;Adaptive strategies;Information sets;Resource allocation
Issue Date: 2017
Publisher: Elseveir
Citation: Ghosh, D., & Chakrabarti, A.S. (2017). Emergence of distributed coordination in the Kolkata Paise Restaurant problem withfinite information. Physica A: Statistical Mechanics and its Applications, 483(C), 16-24. doi: 10.1016/j.physa.2017.04.171
Abstract: In this paper, we study a large-scale distributed coordination problem and propose efficient adaptive strategies to solve the problem. The basic problem is to allocate finite number of resources to individual agents in the absence of a central planner such that there is as little congestion as possible and the fraction of unutilized resources is reduced as far as possible. In the absence of a central planner and global information, agents can employ adaptive strategies that uses only a finite knowledge about the competitors. In this paper, we show that a combination of finite information sets and reinforcement learning can increase the utilization fraction of resources substantially.
URI: http://hdl.handle.net/11718/21830
Appears in Collections:Journal Articles

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