Minority game
The first minority game was proposed by Yi-Cheng Zhang and Damien Challet from the University of Friborg . It was inspired by the El Farol Bar Problem , which is a simple model that shows how (selfish) players cooperate without communicating. In a minority game, an odd number of players must choose one of two or more alternatives each round. The players who belong to the smallest group formed by the selection win. The minority game is thus a typical element of game theory .
Applications
A classic minority game takes place every year during the main holiday season: You win (ie get caught in the smaller traffic jam ) if you set your travel time so that you are on the motorway with very few other drivers . (See also traffic physics , Braess paradox )