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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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