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The reality game

Abstract:

We introduce an evolutionary game with feedback between perception and reality, which we call the reality game. It is a game of chance in which the probabilities for different objective outcomes (e.g. heads or tails in a coin toss) depend on the amount wagered on those outcomes. By varying the 'reality map', which relates the amount wagered to the probability of the outcome, it is possible to move continuously from a purely objective game in which probabilities have no dependence on wagers to...

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Authors


Cherkashin, D More by this author
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Institution:
University of Oxford
Department:
Oxford, MPLS, Mathematical Inst
Volume:
33
Issue:
5
Pages:
1091-1105
Publication date:
2009-05-05
URN:
uuid:89a3cdc0-4620-4d71-95bb-4e9852ca01c7
Source identifiers:
387711
Local pid:
pubs:387711

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