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Statistical mechanics of competitive resource allocation using agent-based models

Chakraborti, Anirban ; Challet, Damien ; Chatterjee, Arnab ; Marsili, Matteo ; Zhang, Yi-Cheng ; Chakrabarti, Bikas K.

In: Physics Reports, 2015, vol. 552, p. 1–25

Demand outstrips available resources in most situations, which gives rise to competition, interaction and learning. In this article, we review a broad spectrum of multi-agent models of competition (El Farol Bar problem, Minority Game, Kolkata Paise Restaurant problem, Stable marriage problem, Parking space problem and others) and the methods used to understand them analytically. We emphasize the...